Question
Q #4 Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30. Goods in process inventory, May
Q #4
Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30.
Goods in process inventory, May 31 ................. | $12,600 |
Goods in process inventory, June 30.................. | 16,500 |
Direct materials used during June...................... | 21,000 |
Direct labor used during June............................. | 31,000 |
Factory overhead: |
|
Indirect material............................................ | 6,400 |
Indirect labor................................................. | 9,200 |
Factory rent................................................... | 12,000 |
Factory depreciation..................................... | 15,000 |
Factory utilities.............................................. | 18,400 |
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