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Manufacturing costs for BikeGo Inc. for June 2023 are as follows: June 30,2023...

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Accounting

Manufacturing costs for BikeGo Inc. for June 2023 are as follows:
June 30,2023
Direct materials used ................................. $ 157,000
Direct labour ..............................................89,000
Work in process, June 1,2023...................36,000
Work in process, June 30,2023.................43,000
Manufacturing overhead ............................115,000
Cost of goods available for sale................. 658,000
Cost of goods sold...................................... 515,000
Tasks: Answer the following questions:
a) What are the total manufacturing costs for June? 2 marks
b) What is the cost of goods manufactured for June? 2 marks
c) What is the amount of finished goods on June 1,2023?3 marks
d) What is the amount offinished goods on June 30,2023?3 marks

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