SECTION TWO: PROBLEM SOLVING Instructions: Carefully read each question and answer in the spaces provided. 2. Suhail & Sons Manufacturing Company provided the following data for 2018. All amounts are in AED. 1/1/2018 31/12/2018 (Beginning) (Ending) Raw Materials AED 115,200 AED 135,000 Work in Process AED 124,000 AED116,000 Finished Goods AED 98,000 AED 93,600 AED 86,000 Direct Labor AED 625,800 Raw Materials Purchases AED 102,000 Manufacturing Overhead Applied Required: Prepare a schedule of cost of goods manufactured, in a good form (Assume all raw materials are used in production as direct materials)