Imani Moss provided the information shown below

	$
Administrative overheads	600 000
Work in progress at end of manufacturing period	440 000
Manufacturing/direct wages	2000 000
Cost of direct material used in production.	1000 000
Other factory overhead costs	1200 000
Work in progress at start of manufacturing period	300 000
Royalty charges during production	300 000
Value of finished goods at start of period	32 000
Revenue from the sales of finished goods	7 500 000
General factory wages and salaries	800 000
Value of finished goods at end of period	160 000

 

The cost of production for the period is

Answer rating: 100% (QA)

To calculate the cost of production for the period we need to sum up all the cost... View the full answer