Question: Question 3: Excellence Ltd. has the below inventory balances and other information at the end of Dec 2019. Balances Beginning Ending IS Direct Material Working

Question 3: Excellence Ltd. has the below inventory balances and other information at the end of Dec 2019. Balances Beginning Ending IS Direct Material Working in Process Inventory Finished Goods Inventory 17,750,000 $ 2.850.001S 4,200,0015 8,000.00 3,500.00 3,800.00 Is Other information Purchase of Direct Material Is Factory Supervisor Salaries S Sales Salaries and Commissions Delivery Cost Is Sales Revenue Factory Utility Costs S Factory Rent IS Direct Labor S 60,000.00 5,750,00 7,250,00 1.400.00 115,000.00 1.200,00 17,750,00 28,000.00 S Required: Please calculate the amount of cost of goods manufactured

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