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Lightning Bolt Ltds statement of cost of goods manufactured is shown below, although it is incomplete: Lightning Bolt Ltd Statement of Cost of Goods Manufactured

Lightning Bolt Ltds statement of cost of goods manufactured is shown below, although it is incomplete:

Lightning Bolt Ltd

Statement of Cost of Goods Manufactured

For the year ended 30 June 2021

Direct Materials:

Materials, 1 Jul 2020

$ 20,530

(1a)

(1b)

(1c)

Less:

Materials, 30 Jun 2021

($ 19,870)

Director materials used

$101,950

Direct Labour

$ 98,320

Manufacturing Overhead:

Supplies used

$ 5,140

Indirect labour

$ 42,060

General factory expenses

$ 81,280

Actual manufacturing overhead

$128,480

(2a)

(2b)

2(c)

Applied manufacturing overhead

$132,090

Total Manufacturing Costs Added

$332,360

Add:

Work-in-process, 1 Jul 2020

$ 25,650

Total Manufacturing Costs

$358,010

Less:

Work-in-process, 30 Jun 2021

($ 19,880)

(3a)

(3b)

Required:

Three lines in Lightning Bolts Ltds statement of cost of goods manufacturing are missing. What is the missing information?

Required:

Three lines in Lightning Bolts Ltds statement of cost of goods manufacturing are missing. What is the missing information?

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