E E (3 O 3' BL : assignment2&3ChapterS8L3-Word(ProductActlvationFaiIed) ? E _ 51 x FILE HOME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW Microsoft account' n E Cover Page ' H! g Iii/3 I I 3 E331 @Hyperlink '1 5| A 5 Quick Parts ' QSignature Line ' 7: Equation ' :2 , J # i D Blank Page 3 T @ E Bookmark 4 WordArt * EDate & Time 9 Symbol ' L1 Table Pictures Online Shapes SmartArt Chart Screenshot Apps for Online _ Comment Header Footer Page Text A _ 'I_I Page Break v Pictures v v Office v Video Cross-reference v v Number v Box v Drop Cap Q Object ' Pages Tables Illustrations Apps Media Links Comments Header & Footer Text Symbols A 10, Arthur Manufacturing Company produces a single product. The controller has asked for your help in preparing a schedule of cost of goods manufactured for the month just ended. The following information is available; 1.) Eleven thousand units were sold at $22 per unit. 2.) Thirteen thousand units requiring one unit each of raw materials were produced 3.) Raw materials inventory at the beginning of the month was 1,100 units at $4 each. 4.) During the month, two purchases of raw materials were made; Purchase #1: 7,000 units at $5.00 each Purchase #2: 6,000 units at $5.50 each 5.) The company uses the first-in, first-out method of determining raw materials inventories 6,) The work-in-process inventories were: Beginning of the month: 1,500 units valued at $17,000 End of the month: 1,500 units valued at $19,000 7.) Direct labour cost was $110,000. 8.) Overhead is applied to production on the basis of 65% of direct labour cost. Required; Prepare a schedule of cost of goods manufactured for the month PAGE 8 OF 16 2565 WORDS :3 ENGLISH IUNITED STATES) 1:: , |. + _ 11:31 AM ,0 Type here to search 1 1;: J: ENG E; 2,1'131'2021