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Question 1 of 2 View Policies Current Attempt in Progress The following data were taken from the records of Kingbird Company for the fiscal year
Question 1 of 2 View Policies Current Attempt in Progress The following data were taken from the records of Kingbird Company for the fiscal year ended June 30, 2022, Raw Materials Inventory 7/1/21 $51,100 Accounts Receivable $27,100 Raw Materials Inventory 6/30/22 46,000 Factory Insurance 4.700 Finished Goods Inventory 7/1/21 98,200 Factory Machinery Depreciation 19,000 Finished Goods Inventory 6/30/22 26,100 Factory Utilities 29.100 Work in Process Inventory 7/1/21 26,800 Office Utilities Expense 9,350 Work in Process Inventory 6/30/22 22,300 Sales Revenue 564,000 Direct Labor 147,750 Sales Discounts 4,700 Indirect Labor 26,560 Factory Manager's Salary 65,600 Factory Property Taxes 9,810 Factory Repairs 1,600 Raw Materials Purchases 97,500 Cash 35,600 Prepare a cost of goods manufactured schedule. (Assume that all raw materials used were direct materials.) KINGBIRD COMPANY Cost of Goods Manufactured Schedule $ $ PROBLEM Question 1 of 2 -/25 KINGBIRD COMPANY Income Statement (Partial) $ $ > $
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