Question: Imani Moss provided the information shown below $ Administrative overheads 600 000 Work in progress at end of
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
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