2.17 Calculating cost of goods manufactured and cost of goods sold. (20–25 mini Schedule of cost of goods manufactured for the year ended 31 December 2011 (in million) m €m Direct materials used 13.05 Direct manufacturing labour costs 15.10 Indirect manufacturing costs Property taxon plant building 0.45 Plant utilities 2.56 Depreciation of plant building 1.35 Depreciation of plant equipment 1.65 Plant repairs and maintenance 2.40 Indirect manufacturing labour costs 3.45 Indirect materials used 1.65 Miscellaneous plant overhead 0.60 14.10 Manufacturing costs incurred during 2011 32.25 Addopening work in progress stock, 1 January 2011 3.00 Total manufacturing costs to account for 35.25 Deduct closing work in progress stock, 31 December 2011 3.90 Cost of goods manufactured 31.35 Schedule of cost of goods sold for the year ended 31 December 2011 (in million)
