The following balances were taken from the trial balance of F Dawood as at 31 December 2005.

From this data, construct the manufacturing account and statement of comprehensive income for the year ended 31 December 2005.

Additional information:
1 Inventory as at 31 December 2005 was valued as follows:

2 Factory profit is calculated as 25% of production costs 3 As at 31 December 2005:

4 Insurance was apportioned to the factory and the office in the ratio of 4:1 5 Non-current assets were to be depreciated using the reducing balance method as follows:

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Inventory as at 1 January 2005: Work-in-progress Finished goods Prime cost Factory power 16,782 24,560 195,000 13,450 Factory wages Factory repairs Factory plant at cost 99,000 8,940 156,000 Office fixtures at cost 54,000 Administration expenses 9,100 Sales 500,000 Distribution costs 13,500 Insurance 8,700 Provision for unrealised profits on unsold inventory 4,912 Provision for depreciation: Factory plant 18,900 Provision for depreciation: Office fixtures 5,600