Bahadur Co. manufactures plumbing supplies. The following data were collected from the accounting records for the past year:

1. Beginning direct materials inventory $45,000

2. Beginning work-in-process inventory $58,500

3. Beginning finished goods inventory $175,600

4. Direct materials purchased $756,000

5. Presidents salary $150,000

6. Head office salaries $650,000

7. Wages paid to direct labour $456,000

8. Wages paid to factory supervisors $234,000

9. Wages paid to indirect labour $23,450

10. Advertising and marketing expenses $356,000

11. Electricity used in plant $130,000

12. Overhead supplies used in plant $23,500

13. Wages paid to marketing manager $125,000

14. Fuel purchased for delivery trucks $35,600

15. Oil to heat factory $87,000

16. Depreciation on factory equipment $86,000

17. Property taxes for factory $32,000

18. Rent paid for head office equipment $75,000

19. Rent paid for factory equipment $34,000

20. Ending direct materials inventory $24,500

21. Ending work-in-process inventory $102,000

22. Ending finished goods inventory $164,300

Required:

Prepare a schedule of costs of goods manufactured for this year. 12 marks

Compute the total prime costs for this year. 2 marks

Compute the total conversion costs for this year. 2 marks

Prepare a statement of cost of goods sold for this year. 4 marks