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Direct Purchases during June: material $30,000 Indirect material $15,000 Other information: Depreciation of manufacturing equipment $11,000 Electricity Factory $5,000 Factory Rent $4,500 (a) Prepare the

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Direct Purchases during June: material $30,000 Indirect material $15,000 Other information: Depreciation of manufacturing equipment $11,000 Electricity Factory $5,000 Factory Rent $4,500 (a) Prepare the job cost sheet for the month of June. (5 marks) (b) Determine the following for the month of June: (i) the cost of jobs completed (1 mark) (ii) the cost of jobs sold (1 mark) (iii) the gross margin on each job sold (1 mark) (iv) the amount of underlover allocated overhead (1 mark) (v) the closing balance in the work in process inventory account (1 mark)

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