find ( a - b - c - d )

The following costs and inventory data were taken from the accounts of Reiser Berhad for the year 2018: 1 January 2018 31 December 2018 Inventories: Raw materials (RM) 8,000 (RM) 7,000 Work in process 15,000 13,000 Finished goods 16,000 10,000 Costs incurred: Raw materials purchases (RM) 93,000 Direct labor 42,000 Factory rent 8,000 Factory utilities 7,000 Indirect materials 4,000 Indirect labor 6,000 Selling expenses 5,000 Administrative expenses 12,000 Instructions: (a) Prepare a schedule showing the amount of direct materials used in production during the year. (2 marks) (b) Compute the amount of manufacturing overhead incurred during the year. (2 marks) (c) Prepare a schedule of Cost of Goods Manufactured for Reiser Berhad for the year ended 31 December 2018 (4 marks) (d) Prepare the Cost of Goods Sold section of the Income Statement for Reiser Berhad for the year ended 31 December 2018. (2 marks) [TOTAL 10 MARKSI