QUESTION 2 Followings are the account records for Yan Min Factory Sdn Bhd for the year ended 31 December 2021. RM Accounts Inventory 1 Jan 2021: Raw materials Work In Process Finished Goods Purchases of direct raw materials Purchases of indirect raw materials Direct labour Salaries expenses - Administration office Rent expenses Utilities expenses - Administration office Depreciation expenses - Machine (Factory) Depreciation expenses - Machine (Office) Sales revenue Fossil fuel expenses - Factory 125,400 131,100 123,260 191,535 58,000 184,208 133.419 15.200 14,420 10,200 5,200 818.622 8,120 Additional information: 1. 3/4 of the rent expenses is for factory while the remaining balance is allocated to administration office. 2. Inventories as at 31 December 2021 is as follows: Raw materials :RM120.800 Work in process :RM124,600 Finished goods : RM128,840 REQUIRED: (a) Prepare Statement of Goods Manufactured for Yan Min Factory Sdn Bhd for the year ended 31 December 2021. (b) Prepare Statement of Profit or Loss and Other Comprehensive Income for Yan Min Factory Sdn Bhd for the year ended 31 December 2021