Please help me to complete the MFG form Please write out the

Please help me to complete the MFG form. Please write out the calculation process.

MFG Manufacturing Accounting Data Section Depreciation--equipment Direct labor Direct materials inventory, 1/1 Direct materials inventory, 12/31 Factory rent Finished goods, 1/1 Finished goods, 12/31 Indirect labor Indirect materials Purchases of direct materials Work in process, 1/1 Work in process, 12/31 $180,000 2,568,000 366,000 372,000 305,640 528,000 690,000 150,000 105,000 2,580,720 121,200 114,660 Answer Section

Solution

Statement of cost of goods manufactured and sold :

Direct material :
Beginning direct material	366000
Add: Direct material purchase	2580720
Cost of direct materials available	2946720
Less: Ending direct material	(372000)
Cost of direct material used		2574720
Direct labour		2568000
Manufacturing overhead
Factory rent	305640
Depreciation equipment	180000
Indirect labour	150000
Indirect material	105000	740640
Total manufacturing cost		5883360
Beginning work inprocess		121200
Total work in process		6004560
Less: ENding work in process		(114660)
Cost of goods manufactured		5889900
Beginning finished goods inventory		528000
Cost of goods available for sale		6417900
Less: Ending finished goods		(690000)
Cost of goods sold		5727900