02 - Last saved by user - Saved to this PC- Mailings Review View Help Aa- As E 21 Aalbcdi nabbed AABBCC AaBbCel AabbCcl AABBCC Aalt 1 Normal 1 YU Body YUH-1 YU HZ YU H-2 YUH-3 YUH 0 15 Styles Paragraph UNEET www.YORKVILLE.CA Unit 1 Exercises Question 1.1 (Total: 18 marks) The following information was taken from the accounting records of Dunbar Mifflin Company in 2018. Beginning of 2018 Ending of 2018 Direct materials inventory 135,000 83,000 Work in process inventory 185,000 154,000 Finished-goods inventory 255,000 216,000 Purchases of direct materials 270,000 Direct manufacturing labor 225,000 Indirect manufacturing labor 103,000 Plant insurance 11,000 Depreciation plant, building and equipment 48,000) Plant utilities 29,500 Repairs and maintenance plant 13,500 Equipment leasing costs 66,800 Marketing, distribution, and customer service costs 129,500 General and administrative costs 72,500 Required: 1. Prepare a schedule of cost of goods manufactured (Total: 38 marks) Question 1.2 Following are the account balances for the DC Company in 2018: Direct materials inventory Work in process inventory Finished goods inventory Beginning of 2018 26,500 30,500 16,500 Endintol 2018 27,000 28,400 22,100 c