**PLS SHOW WORKINGS. HAND-WRITTEN ONLY**

PART B Terbaik Cerah Sdn. Bhd. is medium-sized business based in Shah Alam, Selangor. The following information is the company's record on 31 December 2020. Sales revenue Direct material used Work-in-process inventory, 31 December Raw material inventory, 31 December Raw material purchased during the year Finished goods inventory, 31 December Indirect labour Direct labour Plant heat, light and power Building depreciation (7/9 is for manufacturing) Administrative salaries Miscellaneous factory cost Selling costs Maintenance on factory machines Insurance on factory equipment Distribution costs Taxes on manufacturing property Legal fees on customer complaint RM 812,500 191,000 12,300 42,500 180,000 45,000 16,000 195,000 22,600 40,500 24,900 16,950 19,300 6,050 9,500 800 6,550 4,100 On 1 January 2020, the Finished Goods Inventory account had a balance of RM40,000, and the Work-in-Process Inventory account had a balance of RM12,950. Required: a) Prepare a Schedule of Goods Manufactured for the year ended 31 December 2020. (7 marks) b) Prepare an Income Statement for the year ended 31 December 2020