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Greenleaf Ltd., a manufacturing company, has provided the following detailsfor the six months ended 30 June, 2021. TASK 3 {22 marks] Greenleaf Ltd_, a manufacturing

Greenleaf Ltd., a manufacturing company, has provided the following detailsfor the six months ended 30 June, 2021.

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TASK 3 {22 marks] Greenleaf Ltd_, a manufacturing company, has provided the following details for the six months ended 30 I une, 2021. Required: Balances in the ledger at 31 Deco-her 2020 included: $ Finished Goods Inventory 125,000 Direct Materials Invent 80,000 Indirect Materials Inventory 4,000 Work in process Inventory 5,500 Transactions during the six months ended 30 June 2021: Sales 4, 890,000 Purchases direct materials 910,000 Freigt inwards Direct materials 2,600 Direct wages paid 610,500 Supervisor's salary 45,000 Indirect materials purchased 12,000 Factory Insurance 6,000 Factory rates 15,400 Other factory expenses 398,000 Additional information Accrued direct wages 500 Depreciation on factory plant 10,000 Physical Mk3 H30 June 2921: Direct material inventory on hand 84,000 Finished goods inventory on hand 130,000 Indirect material inventory on hand 3,500 Work in process inventory on hand 6,000 (a ) Prepare a Cost of Goods Manufactured Statement for the six months ended 30 June, {18 marks] 20.2 1 (b) Prepare an Income Statement for the six months ended 30 June, 2021 {4 marks] TASK 3 (a) GREENLEAF LTD Cost of Goods Manufactured Statement For the six months Ended 30 June 2021 $ $ TASK 3 (b) GREENLEAF LTD Income Statement For the six months Ended 30 June 2021 $ +

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