Could you please complete part B) with instructions if calculations are required LO5,7 E15.9...
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Could you please complete part B) with instructions if calculations are required
LO5,7 E15.9 Prepare a cost of goods manufactured schedule and a partial statement of profit or loss. Broadbeach Ltd has the following cost records for June 2020: $ 400 1 700 Indirect factory labour Direct materials used Work in process, 1/6/20 Work in process, 30/6/20 Finished goods, 1/6/20 Finished goods, 30/6/20 $ 4500 20 000 3 000 3 500 5 000 6 000 Factory electricity Depreciation, factory equipment Direct labour Maintenance, factory equipment Indirect materials Factory manager's salary 25 000 1 300 2 200 3 000 Required a. Prepare a cost of goods manufactured schedule for June 2020. b. Prepare a statement of profit or loss to gross profit for June 2020 assuming net sales are $98 100
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