Question
et Required: red out of From the information given below calculate the following for the year ending 30 June 2019: 1.1. Cost of goods manufactured
et Required: red out of From the information given below calculate the following for the year ending 30 June 2019: 1.1. Cost of goods manufactured (5) 1.2. Cost of goods sold (5) The following information was provided in the records of Sunshine Manufacturing (PTY) Ltd: Administrative salaries Advertising expense Direct labour Factory depreciation. Finished goods, 1 July 2018. Finished goods, 30 June 2019 Income tax expense Indirect labour 25 000 15.000 37 500 7 500 25 000 22 500 2 500 18 750 Materials inventory, 1 July 2018 50 000 Materials inventory, 30 June 2019 47 500 Materials purchased Sales 20 000 135 000 Work-in-process, 1 July 2018 Work-in-process, 30 June 2019 16 250 17 500
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