Question 1 (30 marks) Cape Auto Technologies Pty Ltd manufactures various car parts. The following information relates to its operations for the year ended 31 May 2022. Balances on 1 June 2021: Raw materials inventory WIP inventory Finished goods inventory Indirect material (inventory) Transaction totals for the year ended 31 May 2022: R 65 540 22 940 32 975 7 950 Raw materials issued to the factory 194 600 Cash purchases of raw materials 169 550 Railage on raw material purchases (paid in cash) 20 215 Wages: Direct labour (paid in cash) 109 000 Indirect labour (paid in cash) 44 500 Electricity: Factory (paid in cash) 14 746 Administrative offices (paid cash) 7 381 Maintenance: Factory (paid in cash) 6 850 Administrative offices (paid in cash) 5 443 Insurance: Factory (paid in cash) 7 500 Administrative offices (paid cash) 4 000 Distribution costs 12 245 Advertising 8 750 Salaries of administrative staff 83 280 Sales of finished products 681 500 Cash purchases of consumable stores (indirect material) 13 237 Indirect materials issued to factory Rent paid (factory) 18 965 50 300 Depreciation of factory machinery 11 230 2 Cost of sales of finished goods Balances on 31 May 2022: Unfinished goods on hand Required: HMAC200-1-Jan-June2023-SA1- CTM-V.2-06012023 425 000 15 480 Prepare the following accounts in the general ledger of Cape Auto Technologies Pty Ltd for the year ended 31 May 2022 1.1 Direct material 1.2 Work-in-progress 1.3 Finished goods 1.4 Indirect material (8 marks) (9 marks) (7 marks) (6 marks)