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Aikman Corporation has the following cost records for June 2020: Direct materials (6/1/20) $ 10,000 Direct materials (6/30/20) 5,000 Direct materials Purchases 20,000 Direct labour
- Aikman Corporation has the following cost records for June 2020:
Direct materials (6/1/20) | $ 10,000 |
Direct materials (6/30/20) | 5,000 |
Direct materials Purchases | 20,000 |
Direct labour | 30,000 |
Indirect factory labour | 4,500 |
Factory utilities | $ 400 |
Depreciation, factory equipment | 1,400 |
Maintenance, factory equipment | 1,800 |
Indirect materials | 2,200 |
Factory managers salary | 3,000 |
Work in process (6/1/20) | 3,000 |
Work in process (6/30/20) | 2,800 |
Finished goods (6/1/20) | 5,000 |
Finished goods (6/30/20) | 9,500 |
Marketing Costs | 11,000 |
General and Administrative Costs | 6,000 |
- Prepare a cost of goods manufactured schedule for June 2020.
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