Question
Tamarisk Corporation has the following cost records for June 2022. Indirect factory labor $ 5,500 Factory utilities $ 490 Direct materials used 23,600 Depreciation, factory
Tamarisk Corporation has the following cost records for June 2022.
Indirect factory labor | $ 5,500 | Factory utilities | $ 490 | |||
---|---|---|---|---|---|---|
Direct materials used | 23,600 | Depreciation, factory equipment | 1,670 | |||
Work in process, 6/1/22 | 3,540 | Direct labor | 47,200 | |||
Work in process, 6/30/22 | 4,520 | Maintenance, factory equipment | 2,160 | |||
Finished goods, 6/1/22 | 5,900 | Indirect materials used | 2,750 | |||
Finished goods, 6/30/22 | 8,850 | Factory managers salary | 3,540 |
(a)
Prepare a cost of goods manufactured schedule for June 2022.
TAMARISK CORPORATION Cost of Goods Manufactured Schedule choose the accounting period For the Month Ended June 30, 2022For the Year Ended June 30, 2022June 30, 2022 | ||||||
---|---|---|---|---|---|---|
select an opening name for this schedule Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | $ enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | $ enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select an opening section name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | ||||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | $ enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select a closing section name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a total amount for this section | |||||
select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a total of the three previous amounts | |||||
select a summarizing line for the first part Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a total amount for the first part | |||||
select between addition and deduction AddLess: select an item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | enter a dollar amount | |||||
select a closing name for this schedule Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect Factory LaborIndirect Materials UsedMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods Inventory, June 1Finished Goods Inventory, June 30 | $ enter a total amount for this schedule |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started