Q1 3 Logam Sdn. Bhd manufactures metal containers. The data relates to the period ending 31 March 2022 are shown in Table Q1(a) below. Table Q1(a): Costs Information of Logam Sdn. Bhd for the Period Ending 31 March 2022 Items Inventory, IMarch 2021: Raw materials Work in progress Finished goods Purchases - raw materials Factory equipment Repairs to factory equipment Hire of special equipment Assembly workers wages Indirect raw material Indirect labour wages Factory rent Depreciation on factory equipment Factory elec Administration expenses ity and utilities expenses Selling and distribution expenses Factory insurance expenses Inventory, 31 March 2022: RM (ii) The schedule of cost of goods sold for Logam Sdn Bhd for 31 March 2022. J 40,000 15,000 18,000 350,000 20,000 Raw materials Work in progress Finished goods All period cost are not allocated to the factory. Prepare: (i) The manufacturing account for Logam Sdn Bhd at 31 March 2022. 500 12,600 170,900 3,000 12,000 10,000 4,000 2,000 41,600 21,500 1.500 48,300 26,100 20,700
Q1 3 Logam Sdn. Bhd manufactures metal containers. The data relates to the period ending 31 March 2022 are shown in Table Q1(a) below. Table Q1(a): Costs Information of Logam Sdn. Bhd for the Period Ending 31 March 2022 Items Inventory, IMarch 2021: Raw materials Work in progress Finished goods Purchases - raw materials Factory equipment Repairs to factory equipment Hire of special equipment Assembly workers wages Indirect raw material Indirect labour wages Factory rent Depreciation on factory equipment Factory elec Administration expenses ity and utilities expenses Selling and distribution expenses Factory insurance expenses Inventory, 31 March 2022: RM (ii) The schedule of cost of goods sold for Logam Sdn Bhd for 31 March 2022. J 40,000 15,000 18,000 350,000 20,000 Raw materials Work in progress Finished goods All period cost are not allocated to the factory. Prepare: (i) The manufacturing account for Logam Sdn Bhd at 31 March 2022. 500 12,600 170,900 3,000 12,000 10,000 4,000 2,000 41,600 21,500 1.500 48,300 26,100 20,700
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter10: Accounting Systems For Manufacturing Operations
Section: Chapter Questions
Problem 10.10E: Amounts for materials Big Timber Furniture Company manufactures furniture. Big Timber Furniture uses...
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