Question 3 (a) Cost of goods manufactured of RM120,000 been transfered to a subsidiary company at markup of 30%. All of these goods except 20% has been sold by the subsidiary. Required: Calculate how much adjustment for unrealised profit on stock to be adjusted in the Group account and explain why such adjustment is needed. a) Explain followings i. Prime cost ii. Conversion cost iii. Production overheads iv. Work in progress (10 marks) (5 marks) (5 marks) (5 marks) (5 marks) (Total 30 marks) -End of the questions---