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Question-2: opening raw mat inventory Tk 150, Purchase Tk 2000, Ending mat inventory Tk 200, Direct labor Tk 4000, Manufacturing overhead Tk 9000, beginning WIP

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Question-2: opening raw mat inventory Tk 150, Purchase Tk 2000, Ending mat inventory Tk 200, Direct labor Tk 4000, Manufacturing overhead Tk 9000, beginning WIP Tk 2000, ending WIP Tk 1000, beginning Finished goods inventory 3000, Ending Finished goods inventory 1,000. [10] Requirements: Schedule of cost of goods manufactured (CGM) and Cost of Goods Sold (CGS) Question-3: XYZ Company's manufacturing overhead is 20% of its total Manufacturing cost and Prime cost is 80% of TMC. If Prime cost is 1,20,000 and direct materials are $50,000, the manufacturing overhead is?? [5]

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