QUESTION 1 The management of Intel Sdn Bhd is preparing its factory operatio year 2014. Listed below is the relevant information: RM Finished Goods Inventory, 1/4/2013 310,000 Cash 40,000 Accounts Receivables 70,000 Accounts Payables 21,900 Direct Labour 600,000 Factory Fittings Depreciation 15,000 Managing Director Salary 90,000 Sales Commission 16,800 Sales 4,990,000 Raw Materials Inventory, 1/4/2013 21,000 Raw Materials Purchases 602,600 34,600 Raw Materials Inventory, 31/3/2014 70,000 Factory Utilities 20,000 Admin Building Depreciation 56,000 Factory Equipment Depreciation 66,000 Indirect Materials 18,000 Other Overheads 46,000 Work-In-Progress Inventory, 1/4/2013 40,000 Work-In-Progress Inventory, 31/3/2014 122,000 Salary Expenses 9,000 Tax on Factory 45,000 Long Term Liability Insurance Expenses Finished Goods Inventory, 31/3/2014 15,000 415,000 Supervisor Overtime 12,000 Additional information: 1. Raw materials purchases is before the deduction of purchase return of RM13 2, 70% of the Salary Expenses is for the Factory Supervision and the balance is for ,000. Administrative purposes. 3-50% of the Insurance Expenses is each for Administrative and Factory purposes 4. Additional Supervisor Overtime is RM 3,000. Tax on Factory to be added another 5%. 5. Work-In-Progress Inventory, 1/4/2013 has been increased by 10%. 6, 7. Work-In-Progress Inventory, 31/3/2014 was reduced by15%. The value of closing raw materials has been increased by RM12,000. 8. Factory fittings depreciation has been adjusted by 5% increase. 9, 10. Factory utilities has not been charged with 6% GST. Required: (a) Prepare Cost of Manufacturing Statement as at 31st Mac 2014. [20 marks] (b) Elaborate on the cost behavior in terms of fixed cost, variable cost, production cost [15 and non-production cost. marks]