Question five (5) The following balances were extracted from the books of COVID-19 Manufacturing Company on 31st May 2020: GH Purchases of raw materials 500.000 Opening stock of raw-materials 400,000 Carriage-inward of raw-materials 50,000 Carriage outwards finished goods 40,000 Return outward of raw materials 50,000 Closing stock of raw materials 100,000 Direct wages 30,000 Factory machine operators wages 10,000 Royalties 20,000 Hire of special machine 70,000 Indirect factory wages 200,000 Indirect expenses 150,000 Indirect material cost 250,000 Patent right relating manufacturing 45,000 Wages of cleaners 10,000 Wages of crane drivers 5,000 Rent and rates of factory 7,000 Depreciation of factory property and plants 6000 You are required to prepare the Manufacturing account for the year ended 31 May, 2020