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Please help me fill in this table. No need to solve in detail. THanks TTT Co. is a manufacturing company that produces couches globally. Information
Please help me fill in this table. No need to solve in detail. THanks
TTT Co. is a manufacturing company that produces couches globally. Information taken from the accounting records for the fourth quarter of the year is shown below: Beginning raw materials inventory: Purchases of raw materials: Ending raw materials inventory: Direct labour: Manufacturing overhead: Beginning work in process inventory: Ending work in process inventory: Yearly rent for production facility: Yearly property taxes: $8,000 $49,000 $31 ,ooo $28, 1 oo $25,000 $17,600 $6,100 $27,000 $1 5,000 1. Calculate raw materials available for use. (2 marks) Number 2. Calculate the raw materials used in production. (2 marks) Number 3. Calculate the total manufacturing costs. (3 marks) Number 4. Calculate cost of goods manufactured. (3 marks) Number
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