SECTION B (30 Marks) Answer ALL questions. QUESTION 1 The following information relates to Rocko Bhd. for the year ended 31 Dec 2020 was extracted from the company's records : Sales Depreciation - Office Equipment Utilities Factory Rental Prime Cost Direct Materials purchases Direct Materials, 1/1/20 Finished Goods, 1/1/20 Work in Process, 1/1/20 Direct Materials, 31/12/20 Work in Process, 31/12/20 Conversion Cost Cost of Goods Sold Depreciation - Plant Equipment Indirect labour Direct labour Factory supervisor's salary Property taxes - Office Building $'000 72,500 90 4,300 3,120 30,850 28,500 350 950 430 500 520 11,075 39,190 1,700 290 ? ? 20 Note : 25% of the utilities was for administration purposes. Required Determine the following (show workings using a Cost of Goods Manufactured Schedule or other means): (a) Direct Materials Used. (2 marks) (b) Direct Labour. (1 mark) (c) Factory supervisor's salary, (3 marks) (d) Cost of Good Manufactured. (1 mark) (e) Gross Profit. (1 mark)