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91419 Managerial Accounting\ Prepare a cest of good's mawi-\ facrured sehrefuly, eparial\ isconse statement, and a partid!\ balance slicet.\ (SO 5, 6.7)\ .\ (a) CGM\

$367,910

\ (6) Eross proth

$181,790

\ (c) Current assets

$213,100

\ P19-4A The following data were taken from the records of Blumbey Manufacturing Company\ for the fiscal year ended June 30, 2012.\ Raw Materials\ Inventory 7/1/1\ Raw Materials\ Inveatory 6/3072\ Finished Goods\ Inventory

(7)/(1)/11

\ Finished Goods\ Inventory 6/30/12

,95,900

\ Work in Process\ Inventory

(7)/(1)/1

\ Work in Prosess\

Inventory( 6)/(30)/12,18,600

\ Direct Labor

,149.250

\ Indirect Labor

,24,460

\ Accotants Receivable

,27,000

\ Factory Insurance\ Factory Machinery\ Depreciation\ Factory Utilities\ Orfice Utilities Expense\ Sales\ Sales Discounts\ Plant Manager's Salary\ Factory Property Taxes\ Factory Repairs\ Raw Materials Purchases\ Cash\ $ 4,600\ 16,000\ 27,600\ 8.650\ 554,000\ 4,200\ 29,000\ 9.600\ 1.400\ 96,400\ 32.000\ Instructions\ (a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct\ materiak)\ (b) Prepare an income statement through gross profit.\ (c) Prepare the current assets section of the balance sheet at Jane 30, 2012.

19 Managerial Accounting re a cost of goouls mamuar rehrefult, e parial e stuncmest, and e partid? te sheet. 6. 7 M $367,910 ous profit $181,790 rrent assets $213,100 P19-4A The following data were taken from the records of Blumbey Manufacturing Company for the fiscal year ended June 30,2012 . Instructions (a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were difcet materiak.) (b) Prepare an income statement through gross profit. (e) Prepare the current assets section of the balance sheet at Jane 30, 2012

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