For Barron Ltd, produce a manufacturing account for the year ended 31 October 2014 based on the
Question:
For Barron Ltd, produce a manufacturing account for the year ended 31 October 2014 based on the following data.
Additional information:
(a) Inventory as at 31 October 2014 was valued as follows:
(b) Machinery repairs owing as at 31 October 2014 were £211.
(c) Heating and lighting is split equally between the statement of comprehensive income and the manufacturing account.
Transcribed Image Text:
Inventory of raw materials as at 1 November 2013 16,560 Inventory of work-in-progress as at 1 November 2013 11,580 Purchases of raw materials 87,900 Direct wages 55,600 Royalties Indirect wages Factory rent Heating and lighting Machinery repairs 3,255 11,210 6,546 5,490 3,423
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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