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1. Prepare Direct Materials Used Schedule Your answer should follow this sample format: Inventories: Finished Goods 6000 Work in process 13000 Raw Materials 13100 Total
1. Prepare Direct Materials Used Schedule
Your answer should follow this sample format:
Inventories:
Finished Goods 6000
Work in process 13000
Raw Materials 13100
Total Inventories 32100
Select from the following list to answer your questions:
Work in process inventory, June 1:
Manufacturing overhead
Direct labour
Indirect labour
Total raw materials used
Factory insurance
Machinery depreciation
Factory utilities
Direct materials used
Machinery repairs
Miscellaneous factory costs
Total manufacturing costs
Total cost of work in process
Work in process inventory, June 30:
Cost of goods manufactured
Raw materials inventory, June 1:
Raw materials purchases
Total raw materials available for use
Raw materials inventory, June 30:
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