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    Shehla Fatima Posts: 1, Reputation: 1
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    Dec 9, 2012, 09:27 AM
    Example of statement of cost of goods manufactured and sold
    Inventeries June 1 june30
    Materials 9000 10000
    Wip... materials 8000 9000
    Wip... labour 4000 5200
    Wip... foh 4500 4000
    Finished goods 11250 13750
    Manufacturing costs for the month are as follow:
    Direct materials used 43000
    Direct labour:
    Assembling [email protected] per hour 10200
    Finishing [email protected] per hour 15000
    FOH is applied according to following rates:
    Assembling [email protected] per direct labour hour
    Finishing department @Rs4.50 per direct labour hour
    Required:
    (a).Prepare a C.G.S and unit cost of materials,labour and FOH for the production of June assembling that 12000 units were produced during the month.

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