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I need it in hand writing thank you E B D Following data are related to the business of ARIH Manufacturing for Dec. 2019 1
I need it in hand writing thank you
E B D Following data are related to the business of ARIH Manufacturing for Dec. 2019 1 Purachased raw material for Rs 200,000 2 Transportation on purchase of raw material R$10,000 3 Direct labour cost incurred R$300,000 4 Indirect labour cost incurred Rs50,000 5 Depreciation of factoory equipment Rs 30,000 6 Insurance of factory building Rs 20,000 7 Production supervisour salary R$ 60,000 8 Repair of factory machinary R$10,000 9 Indirect material cost Rs5,000 10 other factory supplies used in production Rs10,000 11 Sales revenue during the year R$800,000 12 Product retured by customer R$2,000 13 Raw material returned to supplier Rs 20,000 14 Salesman salary Rs 50,000 15 Security officers salary R$40,000 16 Other selling expenses R$ 10,000 17 Depreciation of sales equipment Rs5,000 18 Depreciation of office equipment Rs 8,000 19 Inventories Finished goods Work in process Raw materail Dared Prepare statement of Cost of Goods Manufactured Prepare income Statement using the above deata Opening Ending R$20,000 Rs15,000 R$ 22,000 Rs18,000 R$ 48,000 R522,000Step by Step Solution
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