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Here is the Manufacturing Account for Yaba Enterprise for the year ended 31st December 2024: c Yaba Enterprise \\ Manufacturing Account \\ For the year ended 31st December 2024 \\ lrr Particulars & GHS & GHS \\ Opening Stock of Raw Materials (1/1/2024) & & 730,000 \\ Add: Purchases of Raw Materials & 1,980,000 & \\ Add: Carriage on Raw Materials & 110,000 & \\ Cost of Raw Materials Purchased & 2,090,000 & \\ Raw Materials Available for Use & & 2,820,000 \\ Less: Closing Stock of Raw Materials (31/12/2024) & & (680,000) \\ Raw Materials Consumed & & 2,140,000 \\ & & \\ Direct Labour: & & \\ Factory Wages & 1,400,000 & \\ Wages and Salaries (2/5 × 400,000) & 160,000 & \\ Total Direct Labour & & 1,560,000 \\ & & \\ Direct Expenses: & & \\ Direct Expenses & 300,000 & \\ Royalties & 200,000 & \\ Total Direct Expenses & & 500,000 \\ & & \\ Prime Cost & & 4,200,000 \\ & & \\ Factory Overheads: & & \\ Indirect Expenses & 100,000 & \\ Depreciation of Machinery & 140,000 & \\ Depreciation of Fixtures and Fittings & 70,000 & \\ Factory Light and Power & 250,000 & \\ Factory Insurance & 80,000 & \\ Vehicle Maintenance (1/4 × 60,000) & 15,000 & \\ Stationery (1/3 × 120,000) & 40,000 & \\ Rent and Rates (2/5 × 240,000) & 96,000 & \\ Total Factory Overheads & & 791,000 \\ & & \\ Cost of Production (before Work-in-Progress adjustment) & & 4,991,000 \\ Add: Opening Work-in-Progress (1/1/2024) & & 280,000 \\ Less: Closing Work-in-Progress (31/12/2024) & & (180,000) \\ Cost of Production & & 5,091,000 \\ Send me the next one 📸