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the following balances have been extracted from the books of the david and peter man 4244140

The following balances have been extracted from the books of the David and Peter Manufacturing Company as at 30 April 2011:£000Direct wages …………… 70Factory equipment: at cost ……….. 360General factory expenses ……….. 13Heat and light (factory ¾; general ¼) ……. 52Purchases of raw materials ……….. 100Stocks at 1 May 2010:Raw material …………… 12Work-in-progress ………….. 18Rent and rates (factory 2/3; general 1/3) …… 42Additional information:1. Stocks at 30 April 2011: ……. £000Raw material …………. 14Work-in-progress ……….. 162. The factory equipment is to be depreciated at a rate of 15 per cent per annum on cost.Required:Prepare the David and Peter Manufacturing Company’s manufacturing account for the year to 30 April 2011.View Solution:
The following balances have been extracted from the books of the

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