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Question 2 You are the accountant for Mon Inc, a manufacturer of automobiles Mon Inc. has the following information available for you (assume there are

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Question 2 You are the accountant for Mon Inc, a manufacturer of automobiles Mon Inc. has the following information available for you (assume there are no indirect materials) Only use numeric characters do not use dollar signs, commas, decimal places, etc Calculate the missing values at the bottom Opening balance, Raw Materials: $ 35 Opening balance, Work in Progress: $ 12 Opening balance, Finished Goods: $ 74 Raw materials transferred to factory: $ 255 Cost of yoods sent to finished goods warehouse: $ Cost of goods sold: $ 466 511 Indirect labour costs: S Direct labour costs: S 107 43 Utilities at head office: $ 93 Purchase of supplies for factory: $ Purchase of automobile parts: S 57 241 164 Manufacturing Overhead transferred to Work in Progress: S Ending balance, Raw Material: $ 21 $ 21 Ending balance, Raw Materials: $ Ending balance, Work In Progress: $ Ending balance, Finished Goods

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