4. An Analysis of accounts of Robert Company
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An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30,2020 . Costs incurred: raw materials purchases $56,840, direct labor $50,990, manufacturing overhead $24,830. The specific overhead costs were: indirect labor $7,020, factory insurance $4,980, machinery depreciation $4,900, machinery repairs $2,010, factory utilities $3,960, and miscellaneous factory costs $1,960. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30,2020. > Costs incurred: raw materials purchases $56,840, direct labor $50,990, manufacturing overhead $24,830. The specific overhead costs were: indirect labor $7,020, factory insurance $4,980, machinery depreciation $4,900, machinery repairs $2,010, factory utilities $3,960, and miscellaneous factory costs $1,960. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30,2020. ROBERTS COMPANY Cost of Goods Manufactured Schedule Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Factory Insurance Factory Utilities Indirect Labor Machinery Depreciation Machinery Repairs Manufacturing Overhead Miscellaneous Factory Costs Raw Materials Inventory, June 1 Raw Materials Inventory, June 30 Raw Materials Purchases Total Cost of Workin Process Total Manufacturing Costs Total Manufacturing Overhead Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Inventory, June 1 $ Costs incurred: raw materials purchases $56,840, direct labor $50,990, manufacturing overhead $24,830. The specific overhead costs were: indirect labor $7,020, factory insurance $4,980, machinery depreciation $4,900, machinery repairs $2,010, factory utilities $3,960, and miscellaneous factory costs $1,960. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30,2020. Costs incurred: raw materials purchases $56,840, direct labor $50,990, manufacturing overhead $24,830. The specific overhead costs were: indirect labor $7,020, factory insurance $4,980, machinery depreciation $4,900, machinery repairs $2,010, factory utilities $3,960, and miscellaneous factory costs $1,960. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30,2020. ROBERTS COMPANY Cost of Goods Manufactured Schedule Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Factory Insurance Factory Utilities Indirect Labor Machinery Depreciation Machinery Repairs Manufacturing Overhead Miscellaneous Factory Costs Raw Materials Inventory, June 1 Raw Materials Inventory, June 30 Raw Materials Purchases Total Cost of Workin Process Total Manufacturing Costs Total Manufacturing Overhead Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Inventory, June 1 $ Costs incurred: raw materials purchases $56,840, direct labor $50,990, manufacturing overhead $24,830. The specific overhead costs were: indirect labor $7,020, factory insurance $4,980, machinery depreciation $4,900, machinery repairs $2,010, factory utilities $3,960, and miscellaneous factory costs $1,960. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2020. Question 4 of 5/10 Question 4 of 5 /101 ROBERTS COMPANY Cost of Goods Manufactured Schedule v Question 4 of 5 /10 ROBERTS COMPANY Cost of Goods Manufactured Schedule \begin{tabular}{|l|l|} \hline & Direct Materials \\ Direct Materials Used \\ Factory Insurance \\ Factory Utilities \\ Indirect Labor \\ Machinery Depreciation \\ Machinery Repairs \\ Manufacturing Overhead \\ Miscellaneous Factory Costs \\ Raw Materials Inventory, June 1 \\ Raw Materials Inventory, June 30 \\ Raw Materials Purchases \\ Total Cost of Work in Process \\ Total Manufacturing Costs \\ Total Manufacturing Overhead \\ Total Raw Materials Available for Use \\ Work in Process Inventory, June 1 \\ Work in Process Inventory, June 30 \\ Finished Goods Imventory, June 1 \\ Finished Goods Imventory, June 30 \end{tabular} (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. Save for Later Attempts: 0 of 3 used Submit Answer (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. (b) Show the presentation of the ending inventories on the June 30,2020 , balance sheet. Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Factory Insurance Factory Utilities Indirect Labor Machinery Depreciation Machinery Repairs Manufacturing Overhead Miscellaneous Factory Costs Raw Materials Inventory, June 1 Raw Materials Inventory, June 30 Raw Materials Purchases Total Cost of Work in Process Total Manufacturing Costs Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Imventory, June 1 Direct Materials Direct Materials Used Factory Insurance Factory Utilities Indirect Labor Machinery Depreciation Machinery Repairs Manufacturing Overhead Miscellaneous Factory Costs Raw Materials Inventory, June 1 Raw Materials Inventory, June 30 Raw Materials Purchases Total Cost of Work in Process Total Manufacturing Costs Total Manufacturing Overhead Total Raw Materials Available for Use Work in Process Imventory, June 1 Work in Process I mventory, June 30 Finished Goods Imentory. June 1 Finished Goods Imentory, June 30
