Analysis of Roberts Company's accounts reveals the following production cost data for the month ended
30 June 2017.
	stocks		Beginning		Finishing
	raw materials		9.000 $		$13,100
	Working in the process		5.000		7.000
	Finished goods		9.000		8.000
Costs incurred: Raw material purchases $54,000, direct labor $47,000, manufacturing overheads $19,900.
The overheads were: indirect labor $5,500, factory insurance, $4,000, machinery depreciation $4,000, machinery
repairs $1,800, factory services $3,100, miscellaneous factory costs $1,500. All raw materials used
direct materials.
Instructions
(a)	Prepare the cost of goods produced schedule for the month ending June 30, 2017.
(b)	Show the presentation of closing stocks on the June 30, 2017 balance sheet.