Question 2 Trump Ltd

Subject:BusinessPrice: Bought3

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Question 2 Trump Ltd. is a manufacturing company and the costs data for the month of November 2021 is provided in the table below: Items $ Items $ Beginning raw material inventory 325,000 Accountant's salary 12,000 Ending raw material inventory 180,000 Freight out 19,000 Beginning WIP inventory 86,000 Raw material purchase 81,000 Ending WIP inventory 35,000 Direct labor 25,000 Beginning finished goods inventory 52,000 Indirect labor 39,000 Ending finished goods inventory 73,000 Indirect materials 20,000 Sales 900,000 Depreciation (1/3 shop & 2/3 factory) 40,000 (Marks: 10) Required: Using the information above calculate the cost of Goods Manufactured for Trump Ltd.