Question 2 The following information is taken from the records of Britton Company for March: Purchases: Direct materials $9,000,000 Indirect materials 200,000 Office supplies 420,000 Sales 36,000,000 Salaries and Benefits: Selling and administrative 4,000,000 Direct manufacturing labour 6,000,000 Rent\" 4,000,000 Utilities\" 1,200,000 Advertising 700,000 Inventories: March 1 March 31 Direct materials $4,400,000 $1,600,000 Indirect materials 500,000 600,000 Office supplies 150,000 180,000 Finished goods 24,000,000 16,000,000 * Of these costs, 60 percent are assigned to manufacturing and 40 percent to selling and administration. Required: a. Prepare a schedule of cost of goods manufactured. 0. Prepare an income statement for the month. c. Compute the prime costs using a two-part production costing system, conversion costs, and indirect manufacturing costs