GROUP 3 CASE

COST OF GOODS MANUFACTURED STATMENT

AND INCOME STATEMENT

Data obtained from Takuban Perahu Inc.’s general ledgers for year 20XX are as follows:

Direct raw material inventory, January 1, 20XX 10.000.000

Purchase return of direct raw material 200.000
Accounting receivable 15.000.000
Direct labor costs 8.000.000
Administration and general expenses 21.000.000
Indirect raw material costs 500.000
Work in process inventory, January 1, 20XX 5.000.000
Sales 77.000.000
Direct raw material inventory, December 31, 20XX 5.500.000
Indirect labor costs 780.000
Direct raw material purchases 15.500.000
Cash 200.000
Insurance expenses of factory building 1.000.000
Depreciation expenses of factory building 6.000.000
Factory other expenses 700.000
Work in process inventory, December 31, 20XX 10.120.000
Marketing expenses 18.000.000

Units completed and transferred to finished goods inventory for year were 1.300 units. Finished
goods inventory on January 31, 20XX were Rp 3.000.000 for 100 units. Sales for year were
1.200 units. Cost of ending finished goods inventory is calculated using FIFO method.

Required:
Prepare cost of goods manufactured statement and income statement

Unit yang selesai dan dipindahkan ke persediaan barang jadi untuk tahun adalah 1.300 unit.
Persediaan barang jadi pada tanggal 31 Januari 20XX adalah Rp 3.000.000 untuk 100 unit.
Penjualan untuk tahun ini 1,200 unit. Biaya untuk mengakhiri persediaan barang jadi dihitung
dengan menggunakan metode FIFO.

Wajib:
Persiapkan pernyataan biaya produksi barang dan laporan laba rugi