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The following data were taken from the records of Marigold Company for the fiscal year ended June 30, 2017. Raw Material Inventory 7/1/16 $58,100 Factory

The following data were taken from the records of Marigold Company for the fiscal year ended June 30, 2017.

Raw Material Inventory 7/1/16 $58,100 Factory Insurance $4,800
Raw Material Inventory 6/30/17 46,600 Factory Machinery Depreciation 17,100
Finished Goods Inventory 7/1/16 99,700 Factory Utilities 29,400
Finished Goods Inventory 6/30/17 21,900 Office Utilities Expense 9,350
Work in Process Inventory 7/1/16 21,200 Sales Revenue 560,500
Work in Process Inventory 6/30/17 29,400 Sales Discounts 4,700
Direct Labor 147,550 Plant Managers Salary 63,400
Indirect Labor 25,360 Factory Property Taxes 9,910
Accounts Receivable 28,000 Factory Repairs 2,500
Raw Material Purchases 97,300
Cash 39,200

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Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) MARIGOLD COMPANY Cost of Goods Manufactured Schedule or the Year Ended June 30, 201 ork in Process, July 1, 2016 120 irect Material w Materials Inventory, July 1, 201 6 E8100 w Materials Purchase 730 otal Raw Materials Available for 5540 June 30 2012 a4660 w Materials Invent rect Materials Use rect Labo anufacturing Overhea ant Manager's Salar 0880 4755 340 536 940 710 80 ndirect Lab actory Utilitie Machinery Depreciation actory Insuranc actory Property Taxe 50 otal Manufacturing Overhea otal Manufacturing Co otal Cost of Work in Process Inventor 5247 0882 3002 29400 ork in Process, June 30, 2017 300520 ost of Goods Manufacture Attempts: 4 of 5 used

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