Question
ut of From the information given below calculate the following for the year ending 30 June 2019: 1.1. Cost of goods manufactured (5) 1.2. Cost
ut of From the information given below calculate the following for the year ending 30 June 2019: 1.1. Cost of goods manufactured (5) 1.2. Cost of goods sold (5) The following information was provided in the records of Sunshine Manufacturing (PTY) Ltd: Administrative salaries Advertising expense 25 000 15 000 Direct labour Factory depreciation Finished goods, 1 July 2018 Finished goods, 30 June 2019 Income tax expense Indirect labour 37 500 7 500 25 000 22 500 2 500 18 750 Materials inventory, 1 July 2018 50 000 Materials inventory, 30 June 2019 47 500 Materials purchased 20 000 Sales 135 000 Work-in-process, 1 July 2018 16 250 Work-in-process, 30 June 2019 17 500
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