PenaPerl Business Trading provide the following information from the period ended 31 December 2020 Raw materials, 1 January 2020 Work in process, 1 January 2020 Finished goods, 1 January 2020 Raw materials purchased Direct labour Insurance expenses Indirect labour Factory machine depreciation Utilities Selling and administrative expenses Sales RM 35,000 13,000 29,000 180,000 288,000 167,000 55,000 180,000 50,000 135,000 1,000,000 At the end of period, the balance of inventories are as follows: Raw materials 64,000 Work in process 42,000 Finished goods 33,000 The following costs are divided as follows: Insurance Expenses Utilities expenses Factory building 35% 70% Administration 65% 30% REQUIRED: Calculate the following: a) Direct materials used. (3 Marks) b) Manufacturing overhead. (4 Marks) Prepare Statement of Cost of Goods Manufactured which clearly states the cost of goods manufactured for the year ended 31 December 2020. (5 Marks) d) Prepare Statement of Profit or Loss and Other Comprehensive Income for the year ended 31 December 2020. (8 Marks)