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358 Chapter 7 Introduction to Managerial Accounting a. Cost of goods manufactured: RM875,320 PR 7-6...

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358 Chapter 7 Introduction to Managerial Accounting a. Cost of goods manufactured: RM875,320 PR 7-6 The following information is extracted from the first-year trial balance of Naluri Manufacturer Sdn Bhd as of December 31,2018 . The company employs a periodical inventory system in managing and recording its inventories. Additional information: 1. Inventories reported on December 31,2018 are as follows: 2. 80% of the depreciation expense and 40% of the supplies expense are for factory equipment while the remaining balance of those expenses are for office equipment. Instructions a. Prepare the Statement of Cost of Goods Manufactured for the year ended December 31, 2018 for Naluri Manufacturer Sdn Bhd. b. Prepare the Statement of Profit or Loss for Naluri Manufacturer Sdn Bhd for the year ended December 31, 2018

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