The following balances have been extracted from Yendor's books at 31 March 2004.

Further information 

1. Stocks at 31 March 2004 were as follows (in $000s): raw materials $440; work in progress $562; finished goods $594. 

2. Carriage inwards relates wholly to the purchase of raw materials. 

3. Finished goods are transferred from the factory to the warehouse at a mark-up of 20%. 

4. The factory occupies 3/4 of the freehold premises; the  administrative offices occupy the remainder. 

5. Depreciation should be provided as follows.

Required 

Prepare Yendor's Manufacturing, Trading and Profit and Loss Account for the year ended 31 March 2004.

Transcribed Image Text:

Stocks at 1 April 2003: Raw materials Work in progress Finished goods Direct Indirect Direct materials Indirect materials Factory wages Purchases Carriage inwards Other factory overheads Sales Office salaries Other administration expenses Provision for Unrealised Profit Freehold premises at cost Provision for Depreciation of Freehold Premises Manufacturing Plant and Machinery at cost Provision for Depreciation of Manufacturing Plant and Machinery at 31 March 2003 Office equipment at cost Provision for Depreciation of Office Equipment at 31 March 2003 LOVE $000 450 375 390 900 90 2250 45 162 245 391 675 1000 6000 300 $000 6075 65 160 350 100