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You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect
You are the accountant for Mon Inc., a manufacturer of automobiles. Mon Inc. has the following information available for you (assume there are no indirect materials). Only use numeric characters - do not use dollar signs, commas, decimal places, etc. Calculate the missing values at the bottom. Opening balance, Raw Materials: \$ 135 Opening balance, Work In Progress: \$ 112 Opening balance, Finished Goods: \$ 174 Raw materials transferred to factory: $459 Cost of goods sent to finished goods warehouse: $486 Cost of goods sold: $511 Direct labour costs: $107 Indirect labour costs: $43 Utilities at head office: $93 Purchase of supplies for factory: $121 Purchase of automobile parts: \$ 492 Manufacturing Overhead transferred to Work In Progress: \$ 164 Ending balance, Raw Materials: $ Ending balance, Work In Progress: $ Ending balance, Finished Goods: $
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