Exercise 15-16

An analysis of the accounts of Roberts Company reveals thefollowing manufacturing cost data for the month ended June 30,2017.

Inventory		Beginning		Ending
Raw materials		$9,460		$14,020
Work in process		6,380		8,070
Finished goods		9,350		6,960

Costs incurred: raw materials purchases $56,410, direct labor$50,600, manufacturing overhead $23,980. The specific overheadcosts were: indirect labor $6,520, factory insurance $4,810,machinery depreciation $4,590, machinery repairs $2,330, factoryutilities $3,910, and miscellaneous factory costs $1,820. Assumethat all raw materials used were direct materials.

(a) Prepare the cost of goods manufacturedschedule for the month ended June 30, 2017.

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(Drop down options) Cost of Goods Manufactured, Direct Labor,Direct Materials, Direct Materials Used, Facility Insurance,Factory Utilies, Indirect Labor, Machinery Depreciation, MachineryRepairs, Manufacturing Overhead, Misc. Factory Costs, Raw MaterialsInventory June 1, Raw Materials Inventory June 30, Raw MaterialsPurchases, Total Cost of Work in Process, Total ManufacturingCosts, Total Manufacturing Overhead, Total Raw Materials availablefor Use, Work in Process Inventory June 1st, Work in ProcessInventory June 30, Finished Goods Inventory June 1, Finished GoodsInventory June 30