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<\/div><\/div><\/div> alement of profit and Loss for the year ended 30 b) Prepare Ketumbar Enterprise's statement of financial position as at 30 June 2019 (18 marks) (12 marks) (Total:30 Marks) Question 3 Al Hamid Enterprise (AHE) produced 2,000 television stands in August. These stands are sold for RM300 each. AHE had 250 finished goods inventories at the beginning of August. At the end of August, there were 500 stands in the finished goods inventories. The following cost information relates to the month of August: RM Purchases of raw materials 130,000 Beginning materials inventory 17,500 Ending materials inventory 25,000 Direct labour \/ 75,000 Indirect labour 15,000 Royalty expenses 5,000 Factory rent 15,500 Depreciation of machinery 22 500 Factory utilities 4 500 Factory supervision 33,700 Sales commission 67.500 Administration expenses 15.000 Beginning work in process inventory 4 000 Ending work in process inventory 5,500 Beginning finished goods inventory 30,000 Ending finished goods inventory 42.500 Required: a) Prepare a statement for cost of goods manufactured for the month of August. (16 marks) b) Compute the average cost of producing one unit of television stand. (2 marks) c) Prepare a statement of profit and loss for the month of August. (Total:25 Ma REDMI NOTE AI QUAD CAMERA",
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"title": "Income Tax Fundamentals 2013",
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"authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill",
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"question_posted": "2024-06-28 04:40:25",
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