An analysis of the accounts of Williams Company reveals the following manufacturing cost data for the month ended September 30, 2014.

Inventories Beginning Ending

Raw materials $12,000 $11,300

Work in process 7,500 5,000

Finished goods 10,000 12,000

Costs incurred: raw materials purchases $62,500, direct labor $51,000, manufacturing overhead $25,650. The specific overhead costs were: indirect labor $6,500, factory insurance $5,000, machinery depreciation $6,000, machinery repairs $2,800, factory utilities $3,600, miscellaneous factory costs $1,750. Assume that all raw materials used were direct materials.

Instructions

Prepare the cost of goods manufactured schedule for the month ended September 30, 2014.

(b) Williams Company is considering the purchase of a new automated assembly line for its factory. The purchase would result in several changes in Williams