The following is information provided from the records of Kaimana Company for August :
Sales $
Salaries and benefits:
Selling & administration
Direct manufacturing labour
Plant Maintenance workers
Purchases of Direct Materials
Indirect materials used
Amortization expense
Rent and insurance
Property taxes on plant equipment
Management salaries
Heat, light & power
Advertising expense
: OF THESE COSTS ARE
ASSIGNED TO MANUFACTURING
OVERHEAD, AND TO SELLING AND
ADMINISTRATION
Inventories: August August
Finished goods $ $
Direct Materials
Work in process
REQUIRED:
IN GOOD FORM, prepare a Schedule of Cost of Goods Manufactured for August.
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IN GOOD FORM, prepare an Income Statement for August. marks