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Problem 19-4A The following data were taken from the records of Blumbey Manufacturing Company for the fiscal year ended June 30, 2012. Raw Materials Inventory

Problem 19-4A

The following data were taken from the records of Blumbey Manufacturing Company for the fiscal year ended June 30, 2012.

Raw Materials Inventory 7/1/11 $48,030 Factory Insurance $5,060
Raw Materials Inventory 6/30/12 39,690 Factory Machinery Depreciation 15,770
Finished Goods Inventory 7/1/11 95,940 Factory Utilities 27,270
Finished Goods Inventory 6/30/12 98,830 Office Utilities Expense 8,770
Work in Process Inventory 7/1/11 19,380 Sales 556,490
Work in Process Inventory 6/30/12 18,870 Sales Discounts 4,150
Direct Labor 149,000 Plant Managers Salary 29,160
Indirect Labor 24,160 Factory Property Taxes 9,750
Accounts Receivable 26,770 Factory Repairs 1,820
Raw Materials Purchases 96,370
Cash 31,820

Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)

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