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4. Dagg Corporation reported the following data for the month of October: Inventories Raw materials Beginning (RM) Ending (RM) 27,000 38,000 15,000 18,000 47,000 51,000
4. Dagg Corporation reported the following data for the month of October: Inventories Raw materials Beginning (RM) Ending (RM) 27,000 38,000 15,000 18,000 47,000 51,000 Work in process Finished goods Additional information: Raw materials purchases 62,000 Direct labour cost 30,000 Manufacturing overhead 84,000 Selling expenses 18,000 Administrative expenses 44,000 i. Calculate the total manufacturing cost for October. ii. Calculate the cost of goods manufactured for October. (10 MARKS)
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