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An analysis of the accounts of Oriole Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Beginning Ending Raw
An analysis of the accounts of Oriole Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Beginning Ending Raw materials $13,300 $12,600 Work in process 8,800 6,300 Finished goods 11,300 13,300 Costs incurred: raw materials purchases $63,800, direct labor $52,300, manufacturing overhead $33,450. The specific overhead costs were: indirect labor $7,800, factory insurance $6,300, machinery depreciation $7,300, machinery repairs $4,100, factory utilities $4,900, miscellaneous factory costs $3,050. Assume that all raw materials used were direct materials. Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. Oriole Co. Cost of Goods Manufacturing Schedule For the Month Ended September 30, 2020 Work in Process 9/1/20 Direct Materials Raw Materials Inventory 9/1/20 Add Raw Materials Inventory 9/30/20 Direct Materials Used > v
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