Reference no: EM133370207

Question: 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: $ 455 Cost of goods sent to finished goods warehouse: $ 466 Cost of goods sold: $ 511 Indirect labour costs: $ 107 Direct labour costs: $ 43 Utilities at head office: $ 93 Purchase of supplies for factory: $ 57 Purchase of automobile parts: $ 341 Manufacturing Overhead transferred to Work In Progress: $ 164 Ending balance, Raw Materials: $ Ending balance, Work In Progress: $ Ending balance, Finished Goods: $