Question 1) OMG PLC, is a medium-sized company, operating in the paint manufacturing sector. The company's factory site caught a fire which destroyed some of the records, because of which there is incomplete information available, as given below: (5 Marka) Amount in Re Sales 7,062,000 Raw Material Available for Sale 2,200,000 Selling and administrative salaries 715,000 Direct labor Advertising expense 522,500 Plant's supervisor salary 495,000 Sales commissions 302,500 Factory Insurance 330,000 Depreciation of Plant 110,000 Depreciation of Office Equipment 22,000 Depreciation, Factory building 154,000 Utilities for factory use 44,000 Indirect raw material 319,000 Property Taxes, factory building 33,000 ? Inventory balances for the year were as follows: 1-Jan-20 275,000 Raw Materials 82,500 Work-in-progress ? 231,000 Finished Goods ? The total manufacturing costs for the year were Rs. 4,306,500; cost of goods manufactured were Rs. 4,196,500; the goods available for sale totaled Rs. 4,537,500; and the cost of goods sold totaled Rs. 4,235,000. a) What is the amount of Purchases made during the year? b) Prepare a schedule of the cost of goods manufactured c) Show Computation for the cost of goods sold. 31-Dec-20