following information has been extracted from the records of Messini Ltd:
Finished goods, January Direct materials, January
Finished goods, December Work in process, January
$
Direct materials, December
Work in process, December
Marketing and customer services costs
Direct materials purchased
Direct manufacturing labour Indirect manufacturing labour
Sales Amortizationplant, property, and equipment
Sales salaries and commissions
Plant utilities Plant supplies
Instructions
Prepare a statement of cost of goods manufactured for the year.
Determine the cost of goods sold for the year.
