Exercise 10-16 (Part Level Submission) An analysis of the accounts of Flounder Company reveals the following manufacturing cost data for the month ended June 30, 2017. Beginning Ending Inventory Raw materials $9,110 $14,750 Work in process 8,470 6,800 Finished goods 9,350 6,700 Costs incurred: raw materials purchases $55,260, direct labor $48,920, manufacturing overhead $23,050. The specific overhead costs were: indirect labor $6,340, factory insurance $4,510, machinery depreciation $4,900, machinery repairs $1,930, factory utilities $3,610, and miscellaneous factory costs $1,760. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2017. FLOUNDER COMPANY Cost of Goods Manufactured Schedule