QUESTION 1 {6 MARKS} Nguyen had the following inventory balances as following: _-I_I- sauce 120cm 16mm Zv During the year ended 30 June 2022, purchases of raw material amounted to $110,000 and incurred $300,000 of direct labour costs. Manufacturing overhead incurred was $380,000. Sales. for the year amounted to $100,000 with selling 3.: administrative cost of $115,000 Required: a. Calculate cost of goods manufactured {3 marks} h. Calculate net prot {3 marks}