Question: This assignment is designed to enhance the students to demonstrate commitment through acquisition and organization of accounting information in the preparation of manufacturing account. INSTRUCTIONS:

This assignment is designed to enhance the
This assignment is designed to enhance the students to demonstrate commitment through acquisition and organization of accounting information in the preparation of manufacturing account. INSTRUCTIONS: 1. You are required to create a business manufacturing. This assignment should contain the following information; a. Explain the background of the organization i. Organization details, Owner's capital, location, business's product b. Explain the following business inventory: i. Raw material ii. Work in progress (WIP) iii. Finished goods c. List down all of possible direct material, direct labor and overhead incurred in your manufacturing business. d. Illustrate your manufacturing account by showing the: i. Total direct cots ii. Total indirect cost iii. Total manufacturing cost iv. Production cost

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