Homework Answers
Statement of Cost of Goods Manufactured :-
| Particulars | Amount($) | Amount($) |
| Direct Materials | 21674 | |
| Raw Materials Purchase | 18750 | |
| Add : Beginning Raw Materials | 16824 | |
| Total Raw Materials Available | 35574 | |
| Less : Ending Raw Materials | (13900) | |
| Cost of Direct Materials Used | 21674 | |
| Direct Labor Cost | 2575 | |
| Prime Cost | 24249 | |
| Add : Factory Overhead Cost | 11050 | |
| Add : Beginning Work in Process | 88731 | |
| Less : Ending Work in Process | (93333) | |
| Cost of Goods Manufactured | 30697 |
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