Make a schedule of cost of goods manufactured. It is assumed that the raw materials
are direct materials
b) Calculate the cost of goods sold
c) Make an income statement
d) Calculate period costs
e) Calculate conversion costs

 

1.Below is data from Masksin Corporation in 2019: Finished goods inventory, Jan 1 Finished goods inventory, Dec 31 Work in process inventory, Jan 1 Work in process inventory, Dec 31 Manufacturing machinery depreciation Manufacturing overhead - others Leasing costs - factory Indirect materials Indirect manufacturing labor Adminstrative salaries Sales Purchases of raw materials Direct labor costs Advertising expenses Raw materials inventory, Jan 1 Raw materials inventory, Dec 31 Sales salaries Depreciation, office equipment Factory supervision Property taxes, factory building Insurance, factory Utilities, factory Rp. 320.000.000 Rp. 420.000.000 Rp. 360.000.000 Rp. 200.000.000 Rp. 408.000.000 Rp. 50.000.000 Rp. 612.000.000 Rp. 60.000.000 Rp. 150.000.000 Rp. 540.000.000 Rp. 5.000.000.000 Rp. 1.500.000.000 Rp. 300.000.000 Rp. 180.000.000 Rp. 180.000.000 Rp. 120.000.000 Rp. 100.000.000 Rp. 6.000.000 Rp. 80.000.000 Rp. 7.000.000 Rp. 5.000.000 Rp. 40.000.000