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Your answer is partially correct. Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. CRANE CO. Cost of Goods Manufacturing
Your answer is partially correct. Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. CRANE CO. Cost of Goods Manufacturing Schedule For the Month Ended September 30, 2020 Work In Process 9/1/20 V Direct Materials Raw Materials Inventory 9/1/20 V 20700 Add V Raw Materials Purchases V 264400 Total Raw Materials Available for Use 285100 Less V Raw Materials Inventory 9/30/20 V 35400 Direct Materials Used Manufacturing Overhead Factory Utilities 62100 Indirect Labor 32100 Factory Utilities 29700 Factory Insurance 9525 Total Manufacturing Overhead V $1400 183025 Total Cost of Work In Process V Less V V V eTextbook and Media List of Accounts Save for Later Attempts: 1 of 5 used Submit AmwerCRANE CO. Cost of Goods Manufacturing Schedule For the Month Ended September 20, 2020 V 21000 20700 V 264400 285100 30/20 V 35400 249500 190400 62100 32100 29700 9525 $1400 185025 138585 578485 599485 V 14700 584785 eTextbook and Media List of Accounts Save for Later Attempts: 1 of 5 used Submit ArewerAn analysis of the accounts of Crane Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Beginning Ending Raw materials $12,500 $12,000 Work in process 7,700 5,100 Finished goods 9,800 11,800 Costs incurred: raw materials purchases $64,900, direct labor $55,000, manufacturing overhead $25,260. The specific overhead costs were: indirect labor $6,600, factory insurance $4,800, machinery depreciation $5,400, machinery repairs $2,800, factory utilities $4,000, miscellaneous factory costs $1,660. Assume that all raw materials used were direct materials. (a)
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