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The following data were taken from the records of Skysong Company for the fiscal year ended June 30, 2025. Prepare a cost of goods manufactured
The following data were taken from the records of Skysong Company for the fiscal year ended June 30, 2025. Prepare a cost of goods manufactured schedule. (Assume that all raw materials used were direct materials.) SKYSONG COMPANY Cost of Goods Manufactured Schedule For the Year Ended June 30, 2025 Work in Process, July 1, 2024 Direct Materials Raw Materials Inventory, July 1, 2024 Raw Materials Purchases Total Raw Materials Available for Use Less V: Raw Materials Inventory, June 30, 2025 Direct Materials Used Direct Labor Manufacturing Overhead Indirect Labor Factory Insurance Factory Machinery Depreciation Factory Utilities Factory Manager's Salary Factory Property Taxes Factory Repairs Total Manufacturing Overhead $ $ 145750 5200 17900 31100 65300 9710 2200 158070 eTextbook and Media Solution List of Accounts Attempts: 3 of 3 us Prepare an income statement through gross profit. Prepare the current assets section of the balance sheet at June 30, 2022. (List Current Assets in order of liquidity)
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