Below are the revenue and cost data for Strawberry Manufacturing Company for the year ended 31 December 2019. RM RM Work in process inventory (1 Jan) 340,000 Raw materials inventory (1 Jan) 46,000 Work in process inventory (31 Dec) 322,000 Raw materials inventory (31 Dec) 37,000 Direct labor 111,000 Raw materials purchases 246,000 Indirect labor 19,000 Factory depreciation 38,000 Sales revenue 840,000 Factory utilities 39,000 Finished goods inventory (1 Jan) 160,000 Finished goods inventory (31 Dec) 80,000 Required: (a) Prepare Cost of Goods Manufactured Schedule for the year ended 31 December 2019. (17 marks) (b) Prepare Statement Profit or Loss (until gross profit) for the year ended 31 December 2019. (8 marks)

docs.google.com People in BAC1054 Principles of M... 00 2020_BAC1054_Test Q - Google D... MMLS C Meet - mbh-tzup-dxp C Blueberry Manufacturing Compa.. 2020_BAC1054_Test_Q Share File Edit View Insert Format Tools Add-ons Help Last edit was 36 minutes ago A 100% - Normal text Times 12 + BIVA GD E. 15 2 8: 9 110 111 13 14 5 1 16 17 18 19 [TOTAL 15 MARKS] 1 3 5 12 QUESTION 2 Below are the revenue and cost data for Strawberry Manufacturing Company for the year ended 31 December 2019. RM RM LI Work in process inventory (1 Jan) Raw materials inventory (1 Jan) 46,000 Work in process inventory (31 Dec) Raw materials inventory (31 Dec) 37,000 Direct labor Raw materials purchases 246,000 Indirect labor Factory depreciation 38,000 Sales revenue Factory utilities 39,000 Finished goods inventory (1 Jan) Finished goods inventory (31 Dec) 80,000 00 Required: (a) Prepare Cost of Goods Manufactured Schedule for the year ended 31 December 2019. (17 marks) (b) Prepare Statement Profit or Loss (until gross profit) for the year ended 31 December 2019. (8 marks) N [TOTAL 25 MARKS] N