Exercise 15-16

An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017.

Inventory		Beginning		Ending
Raw materials		$9,460		$14,020
Work in process		6,380		8,070
Finished goods		9,350		6,960

Costs incurred: raw materials purchases $56,410, direct labor $50,600, manufacturing overhead $23,980. The specific overhead costs were: indirect labor $6,520, factory insurance $4,810, machinery depreciation $4,590, machinery repairs $2,330, factory utilities $3,910, and miscellaneous factory costs $1,820. Assume that all raw materials used were direct materials. (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2017.

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(Drop down options) Cost of Goods Manufactured, Direct Labor, Direct Materials, Direct Materials Used, Facility Insurance, Factory Utilies, Indirect Labor, Machinery Depreciation, Machinery Repairs, Manufacturing Overhead, Misc. 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 1st, Work in Process Inventory June 30, Finished Goods Inventory June 1, Finished Goods Inventory June 30