From the following information, draw up a manufacturing account and the trading account section of the income
Question:
From the following information, draw up a manufacturing account and the trading account section of the income statement for the six months ending 30 September 2013. You should show clearly:
(a) Cost of raw materials consumed.
(b) Prime cost of production.
(c) Production cost of finished goods.
(d) Gross profit on sales.
Step by Step Answer:
Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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