Short Answer Question 1- Cost of Goods Manufactured and Sold (10 marks) Answer the questions in the space below where Required Depreciation of manufacturing equipment Direct manufacturing labour Salespersons' company vehicle costs Marketing distribution costs Property taxes on manufacturing plant building Indirect materials used Work-in-process inventory (ending) General office expenses Direct materials used Finished goods inventory (beginning) Miscellaneous plant overhead Plant utilities Work-in-process inventory (beginning) Indirect manufacturing labour Depreciation of office equipment Finished goods inventory (ending) 500 1,600 3,500 5,500 500 500 15,000 6500 11,400 15,400 500 500 15,600 500 1,500 6,000 Required: Prepare a Cost of Goods Manufactured and Sold Statement for the period. (10 marks)