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An analysis of the accounts of Splish Brothers Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Beginning
An analysis of the accounts of Splish Brothers Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Beginning Ending Raw materials $10,800 $15,880 Work in process 5,800 8,300 Finished goods 10,800 10,000 Costs incurred: raw materials purchases $63,000, direct labor $53,800, manufacturing overhead $24,560. The specific overhead costs were: indirect labor $6,200, factory insurance $5,000, machinery depreciation $5,000, machinery repairs $2,340, factory utilities $4,280, and miscellaneous factory costs $1,740. (Assume that all raw materials used were direct materials.) (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2022. SPLISH BROTHERS COMPANY Cost of Goods Manufactured Schedule
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