Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Remaining Time: 1 hour, 36 minutes, 15 seconds. Question Completion Status: Question 3 The below information pertains to Tijarah Corporation that manufactures and sells one

image text in transcribed
Remaining Time: 1 hour, 36 minutes, 15 seconds. Question Completion Status: Question 3 The below information pertains to Tijarah Corporation that manufactures and sells one product for the month of December 2019. Costs $ Beginning inventory of Finished Goods 49,000 2 Ending inventory of Finished Goods 42,000 3 Beginning Inventory of Direct Material 25,000 Ending Inventory of Direct Material 23,000 5 Beginning inventory of WIP 18,000 6 Ending inventory of WIP 22,000 7 Office staff salary 42,000 8 Insurance of Sales vehicles 23,800 9 Direct Labour 63,000 10 Manufacturing overheads applied 85,000 11 Admin office Rent 53,000 12 Direct Materials Purchases 175,000 13 Depreciation of head office 11,250 Required: Prepare the schedule of cost of good sold for the corporation for the month of December 2019. You should copy (Ctrl-c) and paste (Ctrl-v) the table below into your answer area and complete it with the necessary information

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions