Mawaddah Manufacturing Company provides the following information on revenue, cost and expenses for the year ended 31 December 2019. Items RM Raw material inventory 1/1/19 28,800 Raw material inventory, 31/12/19 19,200 Purchase of raw material 196,800 Purchase of indirect material 14,400 Work in process, 1/119 76,800 Work in process, 31/12/19 48,000 Finished goods inventory 11/19 105,600 Finished goods inventory. 31/12/19 115,200 Direct labour 336,000 Factory manager salary 33,600 Factory insurance 13.440 Factory property tax 5.760 Sales (net) 1,440,000 Delivery expense 96,000 Komisyen jualan 144,000 Buruh tak langsung 86,400 Sewa peralatan 38,400 Belanja utiliti kilang Susutnilai bangunan kilang Belanja pentadbiran pejabat Komisyen jualan 62,400 23.040 288,000 144,000 Required: a) Prepare the Schedule of Cost of Goods Manufactured (Statement of Manufacturing) and Income Statement for Mawaddah Manufacturing Company for the year ended 31 December 2019. b) Explain the meaning of period cost and give two (2) examples of period cost in the company Mawaddah Manufacturing Company provides the following information on revenue, cost and expenses for the year ended 31 December 2019. Items RM Raw material inventory 1/1/19 28,800 Raw material inventory, 31/12/19 19,200 Purchase of raw material 196,800 Purchase of indirect material 14,400 Work in process, 1/119 76,800 Work in process, 31/12/19 48,000 Finished goods inventory 11/19 105,600 Finished goods inventory. 31/12/19 115,200 Direct labour 336,000 Factory manager salary 33,600 Factory insurance 13.440 Factory property tax 5.760 Sales (net) 1,440,000 Delivery expense 96,000 Komisyen jualan 144,000 Buruh tak langsung 86,400 Sewa peralatan 38,400 Belanja utiliti kilang Susutnilai bangunan kilang Belanja pentadbiran pejabat Komisyen jualan 62,400 23.040 288,000 144,000 Required: a) Prepare the Schedule of Cost of Goods Manufactured (Statement of Manufacturing) and Income Statement for Mawaddah Manufacturing Company for the year ended 31 December 2019. b) Explain the meaning of period cost and give two (2) examples of period cost in the company