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An analysis of the accounts of Bonita Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work
An analysis of the accounts of Bonita Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Ending $9,760 $16,300 6,240 Beginning 9,300 7,420 6,730 Costs incurred: raw materials purchases $55,480, direct labor $49,600, manufacturing overhead $22,610. The specific overhead costs were: indirect labor $6,460, factory insurance $4,400, machinery depreciation $4,190, machinery repairs $2,180, factory utilities $3,740, and miscellaneous factory costs $1,640. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2020. BONITA COMPANY Cost of Goods Manufactured Schedule $ +A
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