Q1)Do what you required according to Malaysian respective :

A)

Numerous items are missing from each of the following statement of the comprehensive income and cost of goods manufactured statement data for the month of December 2014: Ali Son Bhd Sedra Sdn Bhd RM RM Materials inventory, 1 December 185,000 120,000 Materials inventory, 31 December 130,000 Materials purchased 170,000 240,000 Cost of direct materials used in production 155,000 Direct labor 220,000 7 Factory overhead 75,000 70,000 Total manufacturing costs incurred during December ? 450,000 Total manufacturing costs 575,000 555,000 Work in process inventory, 1 December 125,000 105,000 Work in process inventory, 31 December 125,000 ? Cost of goods manufactured ? 455,000 Finished goods inventory, 1 December 110,000 75,000 Finished goods inventory, 31 December 115,000 Sales 695,000 750,000 Cost of goods sold ? 330,000 Gross profit Operating expenses 100,000 Net income 340,000 REQUIRED: (a) Determine the amounts of the missing items for each company. (6 Marks) (b) Prepare the Statement of Cost of Goods Manufactured for Sedra Sdn Bhd. (6 Marks) (c) Give THREE (3) differences between managerial and financial accounting