The sales price is determined by adding a 35% mark-up to the cost of inventory. For the expenses above, 75% of the wages relate to direct labour in the factory, the rest can be considered indirect laby Half (50\%) of the utilities and depreciation relate to the factory. Required - a) How much raw material was purchased during 2023 ? b) Prepare a schedule of cost of goods manufactured for 2023 , using actual manufacturing overhead? c) What amount of gross profit would the company show in its income statement for 2023