The following data of the industrial enterprise D S.A. for the accounting year 20X9 are given. Raw
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Question:
The following data of the industrial enterprise D S.A. for the accounting year 20X9 are given.
Raw material stock 1/1/20X9 | 45.000€ |
Raw material stock 31/12/20X9 | 41.000€ |
Stock of semi-finished products 1/1/20X9 | 36.000€ |
Stock of semi-finished products 31/12/20X9 | 31.000€ |
Stock of ready-made products 1/1/20X9 | 23.000€ |
Stock of ready-made products 31/12/20X9 | 31.000€ |
Purchases of raw materials | 115.000€ |
Direct labour costs | 29.000€ |
Indirect labour costs | 23.000€ |
Factory insurance premiums | 12.500€ |
Miscellaneous factory outlets | 6.500€ |
Machine depreciation | 8.500€ |
Depreciation of production department equipment | 3.500€ |
Maintenance of machinery | 4.000€ |
Sales expenses | 15.000€ |
Administrative expenses | 29.000€ |
Distribution costs | 8.000€ |
Revenue from product sales | 543.000€ |
Requested:
- The report of the cost of producing
- The profit and loss statement for the financial year.
Expert Answer:
Answer Solution Step 1 iFor production and manufacturing of goods various type of costs needs to be ... View the full answer
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