From the following data, construct a manufacturing account for the year ended 31 December 2029.

Additional information 

1. Rent is to be apportioned between factory overheads and office expenses in a 3:1 ratio.

2. Inventory as at 31 December 2029 was as follows:

a. Raw materials £15,650

b. Work-in-progress £38,700.

Transcribed Image Text:

Purchases of raw materials 89,500 Opening inventory: Raw materials 12,450 Work-in-progress Carriage inwards 43,100 875 Returns outwards Labour costs: Factory supervisors Manufacturing wages 2,190 29,000 87,500 Depreciation of factory equipment 5,600 Rent 18,000