The following is available for Shikongo Manufacturers for the year ended 28 February 2019: Balances 01/03/2018 28/02/2019 Direct material 14 000 19 000 Work in process 6 000 40 000 1 000 2 700 Finished products Rent paid in advance factory Water & electricity in arrears factory 1 000 700 Transaction occurred during the year all cash, all factory: 20 000 10 000 Water & electricity- factory Indirect wages-factory Material purchased cash (direct) Depreciation factory Indirect material purchased cash 60 000 8 000 14 000 Indirect material used 12 000 Direct labour 75 000 12 000 Other overheads paid Insurance factory Rent - factory 14 000 28 000 Direct material used 55 000 Additional information: Overhead are allocated at 200% of direct material cost Rent in arrears at the end of 2019 was N$800 Water and electricity in arrears at the end was N$600 Overhead applied are recovered against cost of sales Finished products are transferred to the sales department at cost price plus 20%. . YOU ARE REQUIRED TO: a) Prepare the Manufacturing Cost Statement for Shikongo Manufacturers for the year ended 28 February 2019. (12 marks) b) Prepare the following general ledger account for the year ended 28 February 2019: Manufacturing overhead account. (6 marks) c) Prepare the extracted statement of financial position as at 28 February 2021 only showing inventory. (4 marks)