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Pok Mat Manufacturing (PMM) had the following data for the period just ended: RM...

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Accounting

Pok Mat Manufacturing (PMM) had the following data for the period just ended:
RM
Work in process, Jan. 121,000
Work in process, Dec. 3140,000
Finished goods, Jan. 170,000
Finished goods, Dec. 31 Raw materials, Jan.1
Raw materials purchase 61,000
10,000
150,000
Raw materials, Dec.3134,000
Direct labour 260,000
Factory depreciation 80,000
Sales 945,000
Office utilities 18,000
Salaries of administrative staff 33,000
Advertising expense 52,000
Factory utilities 27,000
Indirect materials 19,000
Indirect labor 35,000
Required:
a) Calculate the prime cost of PMM.b) Calculate PMM's cost of goods manufactured.c) Calculate PMM's cost of goods sold.

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