Manufacturing costs for BikeGo Inc. for June are as follows:
June
Direct materials used $
Direct labour
Work in process, June
Work in process, June
Manufacturing overhead
Cost of goods available for sale.................
Cost of goods sold......................................
Tasks: Answer the following questions:
a What are the total manufacturing costs for June? marks
b What is the cost of goods manufactured for June? marks
c What is the amount of finished goods on June marks
d What is the amount offinished goods on June marks