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Short Answer Question 1- Cost of Goods Manufactured and Sold (10 marks) Answer the questions in the space below where Required Direct manufacturing labour Plant

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Short Answer Question 1- Cost of Goods Manufactured and Sold (10 marks) Answer the questions in the space below where Required Direct manufacturing labour Plant utilities Indirect materials used Marketing distribution costs Direct materials used Indirect manufacturing labour Finished goods inventory (ending) Work-in-process inventory (ending) Depreciation of office equipment Salespersons' company vehicle costs Finished goods inventory (beginning) Depreciation of manufacturing equipment Work-in-process inventory (beginning) Miscellaneous plant overhead General office expenses Property taxes on manufacturing plant building 1,400 500 500 5,500 9,600 500 4,000 13,000 1,500 3,500 13,600 500 13,400 500 6500 500 Required: Prepare a Cost of Goods Manufactured and Sold Statement for the period. (10 marks)

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