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Please clear answers, not hand typed BAC1064-ADM 1810 The following costs and inventory data were taken from the accounts of Reiser Berhad for 2017: 1

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BAC1064-ADM 1810 The following costs and inventory data were taken from the accounts of Reiser Berhad for 2017: 1 January 2017 31 December 2017 Raw materials Work in process Finished goods RM) 8,000 15,000 16,000 (RM) 7,000 3,000 10,000 Costs incurred Raw materials purchases Direct labor Factory rent Factory utilities Indirect materials Indirect labor Selling expenses Administrative expenses RM) 93,000 42,000 8,000 7,000 4,000 6,000 5,000 12,000 (a) Prepare a schedule showing the amount of direct materials used in production during the year (2 marks) (b) Compute the amount of manufacturing overhead incurred during the year. (2 marks) (c) Prepare a schedule of Cost of Goods Manufactured for Reiser Berhad for the year ended 31 December 2017 in good form. 4 marks) (d) Prepare the Cost of Goods Sold section of the Income Statement for Reiser Berhad for the year ended 31 December 2017 in good form. (2 marks) [TOTAL 10 MARKS! PNAR 1/2

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