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Kaay Company's Cost of Good Sold for the month ended June 30, 1995 was 645,000. Ending Material Inventory was 10% higher than beginning Inventory and
Kaay Company's Cost of Good Sold for the month ended June 30, 1995 was 645,000. Ending Material Inventory was 10% higher than beginning Inventory and Work In Process ending Inventory was 80% of beginning Inventory. Factory overhead applied was 50% of Direct Labour. Other Information pertaining to inventories and production for the month of June, 1995 is as follows: REQUIRED: A] Prepare a Schedule of Cost of Goods Manufactured for the month of June 1995. [C,95] B] Prepare a Schedule to Compute the Prime cost Incurred during the month. C] Prepare a Schedule to Compute the Conversion Cost charged to Work- in-Process during the month
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