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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 Raw

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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 Raw materials Work in process Finished goods Ending $9,000 5,000 9,000 $13.100 ,000 8,000 osts incurred: raw materials purchases $54.000, direct labor $47,000, manufacturing overhead $19,900. The specific overhead costs were: indirect labor $5,500, factony insurance $4,.000, machinery depreciation $4,000, machinery repairs $1,800, factory utilities $3,100, and miscellaneous factory costs $1.500. Assume that all raw materials used were direct materials (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2017 ROBERTS COMPANY Cost of Goods Manul Schedule (b) Shou the presentabion of the ending inventories on the une 30, 2017, balance sheet. ROBERTS COMPANY (Partial) Balance Sheet b) show the presentation of the ending inventories on the June 30, 2017, balance sheet. ROBERTS COMPANY (Partial) Balance Sheet

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