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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. Inventory Beginning Ending
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Beginning Ending $9,350 $17,140 Raw materials Work in process Finished goods 5,550 7,400 9.640 6,290 Costs incurred: raw materials purchases $55,800, direct labor $49,920, manufacturing overhead $23,710. The specific overhead costs were: indirect labor $6,590, factory insurance $4,330, machinery depreciation $4,790, machinery repairs $2,230, factory utilities $3,900, and miscellaneous factory costs $1,870. 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 Cost of Goods Manufactured Schedule F $ hi Showthe essent $ 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 Inventory, June 1 Work in Process Inventory, June 30 Finished Goods Inventory, June 1 Finished Goods Inventory, June 30 ROBERTS COMPANY (Partial) Balance Sheet $ I
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