from the following data construct a manufacturing account for the year ended 31 dece 611277

From the following data construct a manufacturing account for the year ended 31 December 2015.

£

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Purchases of raw materials

89,500

Opening inventory:

Raw materials

12,450

Work-in-progress

43,100

Carriage inwards

875

Returns outwards

2,190

Labour costs:

Factory supervisors

29,000

Manufacturing wages

87500

Depreciation of factory equipment

5,600

Rent

18,000

Additional information:

1Rent is to be apportioned between factory overheads and office expenses in a 3:1 ratio.

2Inventory as at 31 December 2015 was as follows:

aRaw materials £15,650

bWork-in-progress £38,700.

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