Power Inc. experienced a warehouse fire on December 31st, 2013. Most of the company’s accounting records were destroyed; however the following partial information was salvaged:

Beginning Inventories on December 1st, 2013 were:
Raw Materials $64,000
Work-in-Process $68,000

Prime Costs: 70% of manufacturing costs
Manufacturing Overhead: 40% of Conversion Costs

Actual operating data for the month ending December 2013:

Cost of goods manufactured $1,540,000
Raw Material Purchases: $440,000
Direct Labour Costs: $720,000

Required:

Using the above information, prepare a Statement of Cost of Goods Manufactured in proper form for the month of December 2013.


Please someone help me ASAP!!