Question: Required: From the account balances listed below. prepare a schedule of cost of goods manufactured for Best Manufacturing Lid for the month ended 31 December
Required: From the account balances listed below. prepare a schedule of cost of goods manufactured for Best Manufacturing Lid for the month ended 31 December 2012 Hm Finished Goods Inventory, 31 December Factory Supervisory Salaries Income Tax Expense Raw Materials Inventory, 1 December Work In Process Inventory. 31 December Sales Salaries Expense Factory Depreciation Expense Finished Goods Inventory. 1 December Raw Materials Purchases Work In Process Inventory. 1 December Factory Electricity and Power Expense Direct Labour Raw Materials Inventory. 31 December Sales Returns and Allowances Indirect Labour Account Bao $52.000 11000 17,000 15,000 35,000 14,000 5,000 35,000 80,000 40,000 4,000 70,000 19.000 5.000 21,000 [Answer here] BEST MANUFACTURING LTD Cost of Goods Manufactured Schedule for the month ended 31 December 2019
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