State and explain 8 (EIGHT) components in Enterprise Risk Framework. QUESTION 2 Raw material opening Raw material closing Work in process opening Work in proses closing Finished goods Opening Finished good Closing Indirect Material Indirect labor Selling and administrative Expenses Depreciation Utilities Others RM 35,500 12,900 8,000 5,050 7,075 6,475 9,500 7,450 3,370 1200 1,100 800 (10 marks) In 2021 company purchased direct raw material RM50,000, and direct labor cost RM21,000. Prepare Cost of goods sold schedule for the company. (10 marks)