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Question - The following is the data given taken out of the records of one of the Manf. Co, concerning Jan 2010.
Beg. Balance
Ending balance
RM
$30,000
40,000
WIP
15,000
20,000
FG
60,000
50,000
Additional information:
COGM = $ 515,000
Total MOH = $150,000
DM used = $190,000
Required -
1. Find total RM purchased during Jan 2010.
2. Calculate DL during Jan 2010.
3. Compute COGS.
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