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An analysis of the accounts of Metlock Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Beginning Ending

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An analysis of the accounts of Metlock Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Beginning Ending Raw materials $10,000 $14,680 Work in process Finished goods 5,400 7,700 10,000 9,200 Costs incurred: raw materials purchases $58,600, direct labor $50,200, manufacturing overhead $22,640. The specific overhead costs were: indirect labor $5,800, factory insurance $4,600, machinery depreciation $4,600, machinery repairs $2,140, factory utilities $3,880, and miscellaneous factory costs $1,620. (Assume that all raw materials used were direct materials.) Prepare the cost of goods manufactured schedule for the month ended June 30, 2022. METLOCK COMPANY Cost of Goods Manufactured Schedule For the Month Ended June 30, 2022 Work in Process Inventory, June 1 Direct Materials Raw Materials Inventory, June 1 Raw Materials Purchases Total Raw Materials Available for Use Less Raw Materials Inventory, June 30 Direct Materials Used Direct Labor Manufacturing Overhead Indirect Labor Factory Insurance $ +A A A Indirect Labor Factory Insurance Machinery Depreciation Factory Utilities Machinery Repairs Factory Utilities Miscellaneous Factory Costs Total Manufacturing Overhead Total Manufacturing Costs Less Work in Process Inventory, June 30 Cost of Goods Manufactured +A

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