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Problem 10-4 (Part Level Submission) The following data were taken from the records of Riverbed Company for the fiscal year ended June 30, 2017. Factory
Problem 10-4 (Part Level Submission) The following data were taken from the records of Riverbed Company for the fiscal year ended June 30, 2017. Factory Insurance Factory Machinery Depreciation Factory Utilities Raw Material Inventory 7/1/16 Raw Material Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/17 Office Utilities Expense $50,000 47,300 97,800 24,800 22,900 24,500 144,850 25,160 27,300 Sales Revenue Sales Discounts $5,400 18,600 31,000 9,450 560,200 4,400 65,600 9,810 1,500 96,900 41,500 Direct Labor Indirect Labor Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Material Purchases Accounts Receivable Cash (a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) RIVERBED COMPANY Cost of Goods Manufactured Schedule $ $
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