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QUESTION

Inventory 01 July 2017 $ Raw Materials

Inventory                     01 July 2017                                                              $

Raw Materials                                                                                                3,200

Factory Supplies                                                                                            2,400

Inventory                     30 June 2018 

Raw Materials                                                                                                4,ooo

Factory Supplies                                                                                            1,600

Work in Progress      01 july 2018                                                               7,200

Work in Progress      30 june 2018                                                              11,200

Duty on Raw Materials                                                                                 3,200

Freight inwards                                                                                             3,600

Raw Materials purchases                                                                              72,000

Factory Supplies purchased                                                                                     10,400

Direct Labour 

Wages Paid                                                                                                    67,600

Manufacturing Overhead 

Insurance on Factory Machinery                                                                 400

Factory Light and Power                                                                              1,600

Factory Manager's salary                                                                              12,000

Foreman's wages                                                                                          8,000

Other Indirect Labour                                                                                   6,400

Repairs to Factory Machinery                                                                      2,ooo

Other Manufacturing Overhead                                                                   14,000

How to create Manufacturing Statement using excel spreadsheet 

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