Question 3 (20 Marks) The following information is extracted from the books of Massimo Berhad for the first quarter in 2020: RM 280,800 Work-in-process inventory (January 1) Work-in-process inventory (March 31) Finished goods inventory (January 1) Finished goods inventory (March 31) Direct materials used 342,000 1,080,000 1,020,000 756,000 168,000 Indirect materials used 960,000 372,000 57,600 Direct manufacturing labour Indirect manufacturing labour Property taxes on manufacturing plant building Salespersons' company vehicle costs Depreciation of manufacturing equipment Depreciation of office equipment Miscellaneous plant overhead 24,000 528,000 247,200 270,000 184,800 Plant utilities General office expenses 610,800 Marketing and distribution costs 60,000 Required: C. Prepare a cost of goods sold schedule for the quarter