Q4. The following information pertains to the most recent quarter at precious production limited- Purchases of raw materials 360 000 raw material inventory beginning 40,000 raw material inventory ending 68,000 depreciation factory 168000 insurance factory 20,000 direct labour 240,000 maintenance, factory 120,000 administrative expenses 280000 sales 1800000 utilities, factory 108000 supplies, factory 4000 selling expenses 320,000 indirect labour 260,000 work in process inventory, beginning 28,000 work in process inventory, ending 120,000 finished goods inventory, beginning 40,000 finished goods inventory, ending 160,000 Prepare a schedule of cost of goods manufactured and income statement