Cleopatra Company manufactures special motors for industrial use. A computerized costing system accumulates production costs. At the beginning of June, assembly line operations have been changed due to the installation of a processing machine that took over some of the work previously performed by direct labor workers. The following data are available at the beginning of June:

Required:
Prepare a detailed cost of goods manufactured statement for June.

Transcribed Image Text:

Direct materials inventory, June 1....... Work in process inventory, June 1 Direct materials Direct labor (300 hours) Factory overhead applied. Total... $1,500 1,800 750 $4,050 $15,000