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Draw the standard format of Cost of Goods Manufactured and Sold Statement Following data relates to Zain & Co, Opening stock of raw material Opening
Draw the standard format of Cost of Goods Manufactured and Sold Statement Following data relates to Zain & Co, Opening stock of raw material Opening stock of work in process Purchases of raw material Direct labor cost Factory overheads Closing stock of raw material Closing stock of work in process Rupees 80,000 51,000 230,000 94,000 79,000 66,000 44,000 Required: 1) Prime cost 2) Total Factory cost
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