Below is selected financial data extracted from the accounting records of Wilson Manufacturing Pty Ltd for the year ended 30 June 2016.

Beginning work in process Ending work in process Beginning raw materials Ending raw materials Indirect materials Purchases of raw materials Direct labour Indirect labour Sundry factory overhead

$362600 452200 263600 195400 342000 1546000 403550 123800 1551950

Required

A. Prepare a cost of goods manufactured statement for the year ended 30 June 2016.

B. Calculate ratios of each of the major manufacturing costs to the manufacturing costs for the period.

C. Using your answers to part B and the business knowledge vignette  on p. 349 explain whether the mix of costs reflect a 1950s productions technique or one from the 2000s.