Required: (a) Prepare journal entries to record the transactions. Narrations are required. (10 marks) (b) Set up T-accounts for Material Inventory, WIP, FOH Control and Finished Good, and post the journal entries prepared under (i) above to the accounts. (10 marks) Prepare a statement of cost of goods manufactured, an income statement, and a statement of financial position for the month of October. (16 marks) Required: (a) Prepare journal entries to record the transactions. Narrations are required. (10 marks) (b) Set up T-accounts for Material Inventory, WIP, FOH Control and Finished Good, and post the journal entries prepared under (i) above to the accounts. (10 marks) Prepare a statement of cost of goods manufactured, an income statement, and a statement of financial position for the month of October. (16 marks)