stroduction to Managerial Accounting PR 7-6 The following information is extracted from the first year trial balance of Natur Manufacture de Bhd us of December 31, 2018. The company employs a periodical inventory system in managing and recording is inventories Debat Credit 1924 271215 Accounts receivable Prepaid factory insurance 11.363 factory supplies 12.750 Office supplies 787.446 Factory equipment 141 Office equipment Accounts payable 117,600 Mortgage noters payable 361000 Ordinary share 1.169,047 Sales 5.535 Sales returns and allowances Sal discounts 11.386 Durchase of direct material Orect labor 310,870 59.963 Factory supervisor Indirect labor 31 165 Une expensesctory 61.926 Machinesance expense 16.974 Factory rentals 36.900 Factory reperty tax expense 5.904 Factory generale Factory insurance expense Saleeme 75.473 Advertising and making expense 15.09 S office rental opens 3856 Factory manages salles et Koministrative pense 40653 Administrative generales 9.797 Administrative fortalepom Internet expertise 30121 Deprecatepec 33.259 Accumulated depreciation Supp 14.760 2,345.536 Additional information 2.345,535 ventories reported on December 31, 2018 e as follo 15200 TM 300 Fished goods M370 of the depreciation expense and the supplies expensere for factory while the remaining balance of the expenses are for the equipment. Instructions Prepare the statement of Cost of Good Sacred for the year ended December 31. for Naluri Manufacturer Sdn Bhd b. Prepare the Stement of Profit or lo torti Maructurer Sdn thd for the sea December 31, 2015 Bhd as of December 31, 2018 The company emplo adam System in manat The following information is extracted from being balance Naluri Manufacturer 31/12/ PR 7-6 ods Credit De and recording its inventories 221.215 64,630 147600 861.000 1.189.047 1535 3100 Accounts receivable Prepaid factory insurance Factory supplies Office supplies Factory equipment Office equipment Accounts payable Mortgage notes payable Ordinary shares Sales Sales returns and allowances Sales discounts Purchase of direct material Direct labor Factory supervisor salaries Indirect labor Utilities expense-factory Machines maintenance expense Factory rental expense Factory property tax expense Factory general expenses Factory insurance expense.. Sales salaries expense Advertising and marketing expense. Sales office rental expense Factory managers'salaries expense Administrative salaries expense. Administrative general expenses. Administrative office rental expense Interest expense Depreciation expense Accumulated depreciation. Suppliers expenses 32365 61.926 1974 5.904 75.473 13:48 8,856 20.653 9.797 4059 83.259 14769 2.345,536 2.345,536 Additional information: 1. Inventories reported on December 31, 2018 are as follows: Direct materials RM 35.200 Work in process RM 11,300 Finished goods RM 38700 2. 80% of the depreciation expense and low of the supplies expense are for factory equipmen while the remaining balance of those expenses are for office equipment Instructions a. Prepare the Sutement of Cost of Goods Manufactured for the year ended December 31, 2011 for Naluri Manufacturer Sdn Bhd b. Prepare the Statement of Profit or loss for Naluri Manufacturer Sdn Bhd for the year ende December 31, 2018