The following data was extracted from the books of S Horsfield Construct the manufacturing account for the year to 31 October 2014 Additional information 1 Inventory as at 31 October 2014 was valued as follows 2 Production costs are marked up at a uniform rate of 40 Inventory of raw materials as at...

S Horsfield Manufacturing account for year ended 31 Oc ...

The following data was extracted from the books of S Horsfield. Construct the manufacturing account for the

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The following data was extracted from the books of S Horsfield. Construct the manufacturing account for the year to 31 October 2014. image text in transcribed

Additional information:
1 Inventory as at 31 October 2014 was valued as follows: image text in transcribed

2 Production costs are marked up at a uniform rate of 40%.

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Frank Woods Business Accounting Basics

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Authors: Frank Wood, Mr David Horner

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The following data was extracted from the books of S Horsfield. Construct the manufacturing account for the

Question:

Inventory of raw materials as at 1 November 2013 Inventory of work-in-progress as at 1 November 2013 Purchases of raw materials Manufacturing wages Royalties Indirect factory expenses Factory rent Factory repair costs 12,400 8,950 89,500 101,400 5,200 11,240 17,800 2,375

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