Cost of Goods Statement Opening Material Add purchase Material to be consumed Less Closing Material Add: Direct Labour

Prime Cost Add: FOH Total Factory Cost Add: Opening Work in Process Cost of Goods to be manufactured Less: Closing Work in process Cost of Goods manufactured Add opening Finished Goods Cost of Goods to be sold Less Closing Finish Goods Cost of Goods Sold 10,000 5,000 15,000 3,000 4,000 16,000 2,000 18,000 3,000 21,000 2,000 19,000 1,000 20,000 2,000 18,000

FNSStatement of CGSFor the Period

Opening of Raw Material Purchase of Raw Material Material to be Consumed Closing of Raw Material Material to be Consumed

15000 120000 135000 21000 114000

Add Direct Labour Cost Prime Cost Power Heat & Light Depreciation of Plant Indirect material Purchased and cons Indirect Labour Other expenses Factory Overheads Totoal Factory Cost Add: Opening Work in Process Cost of Goods to be manufactured Less: Closing Work in process Cost of Goods manufactured Add: Opening Finished Goods Cost of Goods to be sold Less: Ending of Fished Goods CGS

65000 179000 2500 14000 4500 3000 10000 34000 213000 14000 227000 19000 208000 70000 278000 60000 218000