The unadjusted trial balance of Innovative Computers Pty Ltd on 30 June 2019 is presented below.

The following additional information is available.
1. The inventories as of 30 June 2019 were as follows

2. The Machinery and Equipment account comprises $250 000 of factory machinery and the balance in office equipment. All machinery and equipment is depreciated using the straightline method over an 8‐year life. There were no plant and equipment acquisitions or disposals during the accounting period.
3. On 1 May 2019, the company paid $12 000 for 12 months insurance cover on the factory.
Prepaid Insurance was debited at the time of the transaction.
4. Accrued expenses at year‐end but not yet recorded: direct labour, $10 000; indirect labour, $3500; selling and distribution expenses, $20 000.
5. All electricity, rent, rates and taxes, and insurance are charged to factory operations.
6. An additional stationery expense payable of $1500 is to be recorded and treated as an administrative expense. No invoice has been received.
7. Ignore income tax.
Required

(a) Prepare a worksheet including pairs of columns for unadjusted trial balance, adjustments, manufacturing, and the financial statements.

(b) Prepare a cost of goods manufactured statement for the year ended 30 June 2019.

(c) Prepare the closing entries assuming use of a Manufacturing Summary account.

(d) Calculate the relationship between overhead and direct labour costs. Using that relationship, calculate the labour and overhead included in the ending inventories if work in process ending inventory contains $25 200 of raw materials, and $38 000 of raw materials is included in the finished goods ending inventory.

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INNOVATIVE COMPUTERS PTY LTD Unadjusted Trial Balance as at 30 June 2019 Cash at bank Trade debtors Finished goods inventory, 1/7/18 Work in process, 1/7/18 Raw materials inventory, 1/7/18 Prepaid insurance Machinery and equipment Accumulated depreciation-machinery and equipment Trade creditors Loan payable Share capital Retained earnings Debit $ 60000 85 120 145000 80000 37 500 12000 400 000 Credit $ 140000 83 750 120000 300000 98 780 Sales Purchases - raw materials Direct labour 1645 000 420000 3513600