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From the data given below, prepare a statement of cost of goods manufactured for the Blanche Manufacturing Company for the month of June, 20--.
From the data given below, prepare a statement of cost of goods manufactured for the Blanche Manufacturing Company for the month of June, 20--. The wording for the statement is given, you must enter the numbers. Account Balances Finished Goods Work in Process Materials June 1 June 30 $20,000 $23,000 $2,000 $7,000 $ 19,000 $ 21,000 June Transactions (a) Purchased materials at a cost of $56,000. (b) Issued indirect materials to the factory, cost $3,000. (c) Total salaries and wages earned for the month were $38,000, of which $6,000 was for indirect factory labor and $4,000 was for office salaries. (d) Factory overhead for the month, other than indirect materials and indirect labor, was $16,000.
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