Answer to Question #90960 in Other for Farzana

Question

prepare a manufacturing account & income statement from the follow balances.Balances of W.milar teh year ending 31 december 2013.
Inventory at 1 jan 2013:
Raw materials ....................25400
work in progress.................31100
finished goods....................23260
purchased raw materials....91535
carriage on raw materials...1960
direct labor..........................84208
office salaries.....................33419
rent....................................5200
office lighting & heating.....4420
depreciation working machinary......10200
office equipment...............2300
sales.................................318622
factory fuel & power.........8120

rent is to be apportioned:factory 3/4.inventory at 31 dec 2013was: raw materials $28900,work in progress $24600, finished goods $28840

Answer 1

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