Compute and calculate the cost of goods manufactured

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Reference no: EM132735289

The following data is provided MCGA Ltd:

Direct Labour $30,100

Purchase of raw materials $52,890

Factory Management monthly salary $ 12,900

Repair for factory (50%) and office (50%) $ 5,160

Advertising expense $38,700

Factory Insurance $387

Sales person, salaries $ 21,500

Rent for factory machinery $ 9,890

Factory supplies $ 1,978

Depreciation, office equipment $ 1,505

Depreciation, factory equipment $ 9,030

Beg, Raw Materials $ 3,440

Ending, Raw Materials $ 7,095

Beg, Work-in-Process $ 4,300

Ending, Work-in-Process $ 2,215

Beg, Finished Goods $ 9,998

Ending, Finished Goods $ 16,383

Sales Revenue $1,075,000

Problem 1: Calculate the Cost of Goods Manufactured

Reference no: EM132735289

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