You are provided with the following information taken from the books of the Mackenzie manufacturing company (MMC) for the month ending 31st December, 2017. Costs incurred (Tshs. ‘000) Depreciation – factory buildings 60,000 Depreciation – office buildings 12,000 Salesmen commissions 52,000 Rent – factory 120,000 Rent-office 90,000 Indirect labour 84,000 Direct raw materials 190,000 Direct labour cost 135,000 Maintenance –factory buildings 36,000 Maintenance –office buildings 22,500 Supplies factory 10,000 Raw materials – 1/12/2017 12,000 Raw materials – 31/12/2017 15,000 Work in process – 1/12/2017 7,500 Work in process – 31/12/2017 30,000 Required; Prepare the cost statement in good form.
You are provided with the following information taken from the books of the Mackenzie manufacturing company (MMC) for the month ending 31st December, 2017.
|
Costs incurred |
(Tshs. ‘000) |
|
|
60,000 |
|
Depreciation – office buildings |
12,000 |
|
Salesmen commissions |
52,000 |
|
Rent – factory |
120,000 |
|
Rent-office |
90,000 |
|
Indirect labour |
84,000 |
|
Direct raw materials |
190,000 |
|
Direct labour cost |
135,000 |
|
Maintenance –factory buildings |
36,000 |
|
Maintenance –office buildings |
22,500 |
|
Supplies factory |
10,000 |
|
Raw materials – 1/12/2017 |
12,000 |
|
Raw materials – 31/12/2017 |
15,000 |
|
Work in process – 1/12/2017 |
7,500 |
|
Work in process – 31/12/2017 |
30,000 |
Required;
Prepare the cost statement in good form.
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