Wobble's president has decided that the company could sell more tables if it also sold matching chairs with each table. Additionally, while tables are a low margin product, chairs can typically be sold at a greater profit per chair. Below are a summary of the charges for the month of June as the company begins to make chairs. 1) One receiving goods warehouse manager: No changes, he just works a bit harder. About half the lumber received goes into table and half goes into chairs. 2) Five persons who cut wood to the appropriate sizes. The company estimates that about threefifths of the time is spent on cutting chair wood since the work is more detailed. 3) Five persons who assemble. One assembles tables and the other four assemble chairs. , 4) Two persons to transport the finished tables and chairs to finished goods warehouse. Time estimates indicate that their time is spent about evenly between tables and chairs. 5) One production supervisor to oversee the entire manufacturing process. His costs are allocated one-fifth to tables and four-fifths to chairs. 6) A finished goods warehouse manager who oversees finished goods inventory \& shipping. His time is split evenly between tables and chairs. 7) Two salesmen. Their time is split evenly. 8) One company president (who has little involvement in the day-to-day production process), \& 9) One clerical person to answer the office phone, do all the paperwork, and make coffee. 10) Other overhead costs are divided up one-quarter to tables and three-quarters to chairs. Direct material purchases during the June totaled $3,600. Beginning and ending total direct materials inventory values are $100 and $300, respectively. All other inventory amounts are lister Prepare a cost of goods manufactured schedule for the company based upon the information provided for Wobble Inc. Wobble's president has decided that the company could sell more tables if it also sold matching chairs with each table. Additionally, while tables are a low margin product, chairs can typically be sold at a greater profit per chair. Below are a summary of the charges for the month of June as the company begins to make chairs. 1) One receiving goods warehouse manager: No changes, he just works a bit harder. About half the lumber received goes into table and half goes into chairs. 2) Five persons who cut wood to the appropriate sizes. The company estimates that about threefifths of the time is spent on cutting chair wood since the work is more detailed. 3) Five persons who assemble. One assembles tables and the other four assemble chairs. , 4) Two persons to transport the finished tables and chairs to finished goods warehouse. Time estimates indicate that their time is spent about evenly between tables and chairs. 5) One production supervisor to oversee the entire manufacturing process. His costs are allocated one-fifth to tables and four-fifths to chairs. 6) A finished goods warehouse manager who oversees finished goods inventory \& shipping. His time is split evenly between tables and chairs. 7) Two salesmen. Their time is split evenly. 8) One company president (who has little involvement in the day-to-day production process), \& 9) One clerical person to answer the office phone, do all the paperwork, and make coffee. 10) Other overhead costs are divided up one-quarter to tables and three-quarters to chairs. Direct material purchases during the June totaled $3,600. Beginning and ending total direct materials inventory values are $100 and $300, respectively. All other inventory amounts are lister Prepare a cost of goods manufactured schedule for the company based upon the information provided for Wobble Inc