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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 $48,310
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 | $48,310 | Factory Insurance | $4,180 | |||
Raw Materials Inventory 6/30/12 | 39,850 | Factory Machinery Depreciation | 16,260 | |||
Finished Goods Inventory 7/1/11 | 96,340 | Factory Utilities | 27,130 | |||
Finished Goods Inventory 6/30/12 | 99,210 | Office Utilities Expense | 8,840 | |||
Work in Process Inventory 7/1/11 | 20,090 | Sales | 559,910 | |||
Work in Process Inventory 6/30/12 | 18,840 | Sales Discounts | 4,390 | |||
Direct Labor | 148,300 | Plant Manager%u2019s Salary | 28,820 | |||
Indirect Labor | 24,330 | Factory Property Taxes | 9,720 | |||
Accounts Receivable | 26,990 | Factory Repairs | 1,900 | |||
Raw Materials Purchases | 96,950 | |||||
Cash | 32,310 |
Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.)
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