Reference no: EM132987154

The following accounts and amounts were taken from the records of Prider Manufacturers Ltd at 30 June 2014:

Advertising expense 60,000

Administrative office rent 30,000

Sales travel expense 18,300

Office salaries 211,200

Depreciation-factory machine 19,200

Rates-factory 24,000

Depreciation-office equipment 7,200

Discount raw materials 4,000

Direct labour 195,000

Raw materials inven 1/7/13 57,600

Factory power 18,000

Raw materials inven 30/6/14 62,400

Factory rent 120,000

Raw materials purchase 640,000

Factory supplies 148,000

Sales revenue 1,900,000

Finished goods, 1/7/13 130,000

Sales returns 31,400

Finished goods, 30/6/14 125,000

Sales commission 57,300

Freight inwards 8,700

Work in process 1/7/13 27,000

Indirect labour 64,000

Work in process 30/6/14 30,000

Machinery repairs 38,900

Required:

Problem A. Create a cost of goods manufacture statement for the year ended 30 June 2014