PART A An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019. Beginning Ending $ 14000 10000 16000 $22 200 18000 12000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs 128 000 100 000 60 000 31 200 8000 8000 3600 6200 3000 Required: Prepare the cost of goods manufactured statement for the month ended 30 June 2019. Show the presentation of the ending inventories on the 30 June 2019 Balance Sheet extracte PART B Required: Calculate the relationship between overhead and direct labour costs. Using that relationship, calculate the labour and overhead included in the ending inventories of work in process inventory & and finished goods ending inventory. PART A tttt CAZ MANUFACTURING PTY LTD Cost of Goods Manufactured Statemente For the Month Ended 30 June 2019, Work in process inventory, e June le Direct materials Beginning raw materials Purchases e e ttttt I til e e tit de Ending raw materials Direct materials used Direct laboure Manufacturing overhead Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs Total manufacturing overheade Total manufacturing costs Total work in process Ending work in process Cost of goods manufacturede ti ti ti ti ti ti e e TE tititit CAZ MANUFACTURING PTY LTD Balance Sheet (Extract) June 30, 2019 Current assets Inventoriese Raw materials Work in processe de Finished goods PART B Factory overhead and direct labour cost relationship: Factory overhead costs Direct labour costs Labour and overhead included in ending inventories: Work in process ending inventory = + Finished goods ending inventory