Question
1. The following data pertain to Ara, Co. Sales revenue Raw material inventory, January 1 Purchases of raw material Raw material inventory, December 31
1. The following data pertain to Ara, Co. Sales revenue Raw material inventory, January 1 Purchases of raw material Raw material inventory, December 31 Direct labor Total manufacturing overhead Work-in-process inventory, January 1 : Rp 1.500.000.00 : Rp 40.000.000 : Rp 300.000.000 : Rp 25.000.000 : Rp 100.000.000 : Rp 500.000.000 : Rp 15.000.000 Work-in-process inventory, December 31 : Rp 10.000.000 Finished-goods inventory, January 1 : Rp 20.000.000 Finished-goods inventory, December 31 : Rp 18.000.000 Selling-administrative expenses : Rp 150.000.000 : Rp 15.000.000 Income tax expense Required: a. Prepare a schedule of cost of goods manufactured b. Prepare a schedule of cost of goods sold c. Prepare an income statement
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
3rd edition
9780077506902, 78025540, 77506901, 978-0078025549
