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A manufacturing company called West Solar Ltd. had the following account balances for the quarter ending March 31 2021, unless otherwise noted Direct materials used
A manufacturing company called West Solar Ltd. had the following account balances for the quarter ending March 31 2021, unless otherwise noted
Direct materials used $ 378,000
Indirect materials used 84,000
Direct manufacturing labour 480,000
Indirect manufacturing labour 186,000
Property taxes on manufacturing plant building 28,800
Salespersons' company vehicle costs 12,000
Depreciation of manufacturing equipment 265,000
Depreciation of office equipment 123,600
Miscellaneous plant overhead 135,000
Plant utilities 92,400
General office expenses 305,400
Marketing distribution costs 30,000
Work-in-process inventory (January 1) 140,400
Work-in-process inventory (March 31) 171,000
Finished goods inventory (January 1) 540,000
Finished goods inventory (March 31) 510,000
Required:
Prepare a cost of goods manufactured schedule for the quarter ended 31 March 2021. (6 marks) (Note: prepare in schedule format. Do not provide journal entries / T-accounts)
Please give the answer ASAP,just need the answer (using excel or handwrite show the working), and i will give you a dumb up if the answer is correct
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