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Hi there.. need help on this. I have the sample answer template below. can either fill in or add on. thanks. COST OF GOOD SOLD

Hi there.. need help on this. I have the sample answer template below. can either fill in or add on. thanks.

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COST OF GOOD SOLD STATEMENT
FOR THE YEAR ENDING
Cost RM RM
Direct Raw Material:
Opening inventory
+ Purchases (net)
Raw Material available for use -
- Closing Inventory
Cost of Raw Material Used : -
+ Direct labour
Prime cost -
Manufacturing overhead
-
Factory cost/manufacturing cost -
+ Work in progress opening inventory
- Work in progress ending inventory
Cost of goods manufactured -
+ Finished goods opening inventory
Cost of goods available for sale -
- Finished goods closing inventory
Cost of goods sold at normal -

QUESTION 2 In 2021 company purchased direct raw material RM50,000, and direct labor cost RM21,000. Prepare Cost of goods sold schedule for the company. (10 marks)

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