ocr: Question The tollowing data has been extracted from the books of manufacturing company Cycle Logic Engineering Ltd. January 1995, stock of raw materials 5,000 311 December 1995, stock of raw materials 6,500 January 1995, work in progress 2,000 311 December 1995, work in progress 1,500 January 1995, stock of finished goods 1,000 311 December 1995, stock of finished goods 3,000 Raw materials purchased 40,000 Direct manufacturing expenses 1,000 Manufacturing (direct) wages 20,000 Indirect manufacturing wages 9,000 Factory rent 3,000 Indirect manufacturing materials 500 Sales 150,000 Sales overhea ...
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