2. Given below are selected account balances of Koorsee Manufacturing Company for the year 2019: Finished...

 

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2. Given below are selected account balances of Koorsee Manufacturing Company for the year 2019: Finished Goods Inventory Work in Process Inventory Raw Materials Inventory Sales Direct Labour Factory Supervisory Salaries Income Tax Expense Factory Insurance Raw Material Purchases Administrative Expenses Sales Returns and Allowances Factory Depreciation Indirect Labour Selling Expenses 1 January 2019 31 December 2019 RM RM 30,000 44,000 26,000 34,000 42,000 38,000 760,000 86,000 34,000 64,000 36,000 186,000 24,000 6,000 16,000 28,000 88,000 Required: Prepare a schedule of cost of goods manufactured for the year ended 31 December 2019. 2. Given below are selected account balances of Koorsee Manufacturing Company for the year 2019: Finished Goods Inventory Work in Process Inventory Raw Materials Inventory Sales Direct Labour Factory Supervisory Salaries Income Tax Expense Factory Insurance Raw Material Purchases Administrative Expenses Sales Returns and Allowances Factory Depreciation Indirect Labour Selling Expenses 1 January 2019 31 December 2019 RM RM 30,000 44,000 26,000 34,000 42,000 38,000 760,000 86,000 34,000 64,000 36,000 186,000 24,000 6,000 16,000 28,000 88,000 Required: Prepare a schedule of cost of goods manufactured for the year ended 31 December 2019.

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