Tugasan 3

Latihan 2-11 The following cost and inventory data are taken from the accounting records of mean company for the: A) Prepare a schedule of cost of good manufactured in good from

Cost incurred Direct labour cost Purchases of raw material Indirect labour Maintenance,factory equipment

$70000 $118000 $30000 $6000

Advertising expenses Insurance, factory equipment Sales saleries Rent, factory facilities Supplies

$800 $50000 $20000 $4200

Depreciation,office equipment

$3000

Depreciation, office equipment

$19000

Beginning of the year ending of the year Inventories: Raw material $15000 Wip $5000 Finished good $35000

$7000 $10000 $20000

Direct material: Raw material

$7000

Purchases of raw material

$118000

Raw material available for use

$125000

Ending raw materials inventory

$15000

raw material used in production $110000 Direct labour $70000

Manufacturing ovh: Insurance,factory expenses

$800

Indirect labour

$30000

Supplies Rent,factory facilities Sales saleries Advertising expenses Maintenance,factory equipment Deprecation,office equipment Dep.,factory equipment $223000 Total manufacturing cost $403000 Wip $10000

$4200 $20000 $50000 $90000 $6000 $3000 $19000

$413000 Ending wip $5000 Cost of good manufactured $408000

b) prepare the cost of goods sold section of mason company’s income statement for the year

finish good cost of good manufacturing Endind f.good Cost of good sold

$20000 $408000 $428000 $35000 $393000