Note 2-ahour TELFER Budget: Direct Labour $300,000 + Factory Salaries $80,000 Head Office Salaries $160,000 $540,000 Actual: Direct Labour $270,000 + Factory Salarles $85,000 Head Office Salarles $163,000 $518,000 VOTRE LIEN AVEC CE QUI COMPTE CONNECTS YOU TO WHAT MATTERS Note 3-Building Rent The building is shared between the factory and the ad ministrative office. 68 % of the building is related to the factory, an ADM 3346 Intermediate Management Accounting-Summer 2019 Assignment 3- Normal Costing: COGM and CcOGS aining 32 % is related to the administrative office. in either Word or Excel and uploaded (one file only) to the Note 4-Utilities Electrical For both budget and actual, 90% office. Your assignment submission must he tyned assignment drop-box before midnight Tuesday June 4 f these costs are related to the factory, and 10 % of these costs are related administrati to Chaos Manufacturing had the following financial information for the year ended December 31 2018: Note 5-Utilities Gas All of the Gas is used ces beat production equipment. Work in Proaress $ 77,000 $ 10,000 $ 67,000 Finished Gooads Raw Materials Note 6 Utilities Telecom All of the Telecom casts a 10,000 for sales people During the year, the budgeted and actual costs were as follows: R costs are to ship finished eoods to customers Note Budget Actual 290,000 Raw Materials 1 B00,000 Note 8-Overhead The manufacturer uses Normal Costing. Overhead is allocated based on Direct Labour costs. Any under/over applied overhe Depreciation Factary Equipment Depreciation Office Equipment 72.000 72.000 s allocated to Cost of Goods Sold. 24,000 24,000 Building Rent 100,000 100,000 tory Equipment Itilieies-Flectrical 200.000 180 000 Required: Utilities Gas 100,000 90,000 Utilities Telecom 20.000 22,000 Prepare a Goods Sold as separate achedules or as part of the Income Statement income statement. You may include a schedule of Cost of Goods Manufactured and Cost of missions Advertising 30 000 20 00 Shipping 7 20,000 16,000 1.402.000 1.506.000 Total Sales for the year were $1,500,000 Note 1 Raw material r both budget and actual materlals: 90 % of raw materlals are traced directly to specific jobs, and the remaining 10% of raw materials are used thraughout the praduction process and not traced. $290,000 in materials was purchased in the year. Note 2-ahour TELFER Budget: Direct Labour $300,000 + Factory Salaries $80,000 Head Office Salaries $160,000 $540,000 Actual: Direct Labour $270,000 + Factory Salarles $85,000 Head Office Salarles $163,000 $518,000 VOTRE LIEN AVEC CE QUI COMPTE CONNECTS YOU TO WHAT MATTERS Note 3-Building Rent The building is shared between the factory and the ad ministrative office. 68 % of the building is related to the factory, an ADM 3346 Intermediate Management Accounting-Summer 2019 Assignment 3- Normal Costing: COGM and CcOGS aining 32 % is related to the administrative office. in either Word or Excel and uploaded (one file only) to the Note 4-Utilities Electrical For both budget and actual, 90% office. Your assignment submission must he tyned assignment drop-box before midnight Tuesday June 4 f these costs are related to the factory, and 10 % of these costs are related administrati to Chaos Manufacturing had the following financial information for the year ended December 31 2018: Note 5-Utilities Gas All of the Gas is used ces beat production equipment. Work in Proaress $ 77,000 $ 10,000 $ 67,000 Finished Gooads Raw Materials Note 6 Utilities Telecom All of the Telecom casts a 10,000 for sales people During the year, the budgeted and actual costs were as follows: R costs are to ship finished eoods to customers Note Budget Actual 290,000 Raw Materials 1 B00,000 Note 8-Overhead The manufacturer uses Normal Costing. Overhead is allocated based on Direct Labour costs. Any under/over applied overhe Depreciation Factary Equipment Depreciation Office Equipment 72.000 72.000 s allocated to Cost of Goods Sold. 24,000 24,000 Building Rent 100,000 100,000 tory Equipment Itilieies-Flectrical 200.000 180 000 Required: Utilities Gas 100,000 90,000 Utilities Telecom 20.000 22,000 Prepare a Goods Sold as separate achedules or as part of the Income Statement income statement. You may include a schedule of Cost of Goods Manufactured and Cost of missions Advertising 30 000 20 00 Shipping 7 20,000 16,000 1.402.000 1.506.000 Total Sales for the year were $1,500,000 Note 1 Raw material r both budget and actual materlals: 90 % of raw materlals are traced directly to specific jobs, and the remaining 10% of raw materials are used thraughout the praduction process and not traced. $290,000 in materials was purchased in the year