Spawn Manufacturing Company has the following data at June 30, 2020: Inventories... June 30 June 1 Raw materials inventory.. $25,000 $30,000 Work in process inventory.. 84,000 75,000 23,000 20,000 Finished goods inventory... $754,000 Other information for June: Total manufacturing costs.... Manufacturing overhead..... Direct labour incurred.. 72,000 342,000 Sales..... 990,000 Instructions a) Prepare a schedule of cost of goods manufactured for the month of June. b) Indicate the Balance Sheet presentation of the June 30 inventories. SPAWN MANUFACTURING COMPANY Cost of Goods Manufactured For the Month Ended June 30. 2020 Beginning work in process (given)... Direct materials: Beginning raw materials (given).... Beginning raw materials (given)............... Raw material purchases.... Total raw materials available for use......... Ending raw materials (given)... Direct materials used...... Direct labour (given). Manufacturing overhead (given).......... Total manufacturing costs (given)........ Less ending work in process (given).......... Cost of goods manufactured......... b) on the Balance Sheet as of June 30, 2020 Current assets Raw materials inventory..... Work in process inventory....... Finished goods inventory.... Total inventories.. $