Question
The beverage manufacturing company has the following information DETAIL $ Initial inventory of raw material 2,000 Final Inventory of Raw Material 5,000 Direct purchase of
The beverage manufacturing company has the following information
DETAIL $
Initial inventory of raw material 2,000
Final Inventory of Raw Material 5,000
Direct purchase of raw material 110,000
Labor costs 144,000
Direct labor 96,000
Indirect work (50% MOD)
Indirect production costs.
Basic services (electricity, water, gas) 20,000
Basic services with a 20% discount.
Other manufacturing costs 35,000
Machinery depreciation (200,000 Machinery cost)
SUPPLEMENTARY DATA
Cost of products in process available 400,000
Production cost manufactured and sold (30% more than in process)
Business expenses 20,000
Administration expenses (plus a third of the commercial ones)
Initial inventory of finished products 180,000
Final inventory of products in process 30,000
Semester sales revenue 800,000
CALCULATE
A). Production cost for the period.
B). Value of the initial inventory of products in process.
C). Final inventory value of finished products.
D). profit and loss statement
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started