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The following data from the recently completed year are taken from the accounting records of a manufacturing company that uses job-order costing. Assume all raw

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The following data from the recently completed year are taken from the accounting records of a manufacturing company that uses job-order costing. Assume all raw materials used in production were direct materials. Carefully check your answers before submitting as inputs from part 1, 2 and 3 will impact your responses for parts 4,5 and 6. As part of the Schedule of Cost of Goods Manufactured, compute the following: 1. Total raw materials used in production during the year. (3 marks) 2. Total manufacturing costs for the year. (1 mark) 3. Cost of goods manufactured for the year. ( 2 marks) As part of the Schedule of Cost of Goods sold, compute the following: 4. Cost of goods available for sale. (2 marks) 5. Unadjusted cost of goods sold. (1 mark) 6. Adjusted cost of goods sold. (1 mark)

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