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Case #1 The following are general ledger account balances for the month of November for Petrocal Ltd.: Property tax on manufacturing facility Selling costs Plant

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Case #1 The following are general ledger account balances for the month of November for Petrocal Ltd.: Property tax on manufacturing facility Selling costs Plant utility Depreciation of manufacturing facility General and administrative costs Direct materials used Depreciation of manufacturing equipment Plant repairs and maintenince Direct manufacturing labour Indirect manufacturing labour Indirect materials used Miscellaneous manufacturing facility overhead WIP inventory, November 1st WIP inventory, November 30th Finished goods inventory, November 1st Finished goods inventory, November 30th $5,700 66,600 30,600 16,200 77,400 156,600 19,800 28,800 61,200 41,400 19,800 8,700 36,000 46,800 48,600 61,200 Required: A) List the period costs. List the product costs. B) Compute the total manufacturing cost incurred in November. C) Compute the cost of goods manufactured. D) Cost the cost of goods sold for November

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