Question

An analysis of the accounts of Coronado Company reveals the following manufacturing cost data for the month ended September 30, 2020.

Inventories		Beginning		Ending
Raw materials		$ 14,000		$ 13,300
Work in process		9,500		7,000
Finished goods		12,000		14,000

Costs incurred: raw materials purchases $ 64,500, direct labor $ 53,000, manufacturing overhead $ 37,650. The specific overhead costs were: indirect labor $ 8,500, factory insurance $ 7,000, machinery depreciation $ 8,000, machinery repairs $ 4,800, factory utilities $ 5,600, miscellaneous factory costs $ 3,750. Assume that all raw materials used were direct materials.

(a)

Prepare the cost of goods manufactured schedule for the month ended September 30, 2020.

Coronado Co. Cost of Goods Manufacturing Schedule choose the accounting period  For the Year Ended September 30, 2020September 30, 2020For the Month Ended September 30, 2020
select an opening name for the schedule  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20						$ enter a dollar amount
select an opening name for section one  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		$ enter a dollar amount
select between addition and deduction  AddLess: select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select a closing subsection name  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a total of the two previous amounts
select between addition and deduction  AddLess: select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select a closing name for section one  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20				$ enter a total amount for section one
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20				enter a dollar amount
select an opening name for section two  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20		enter a dollar amount
select a closing name for section two  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20				enter a total amount for section two
select a summarizing line for the first part  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20						enter a total amount for the first part
select a summarizing line for the second part  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20						enter a total amount for all two parts
select between addition and deduction  LessAdd: select an item  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20						enter a dollar amount
select a closing name for this schedule  Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedFactory InsuranceFactory UtilitiesIndirect LaborMachine DepreciationMachine RepairsManufacturing OverheadMiscellaneous Factory CostsRaw Materials Inventory 9/1/20Raw Materials Inventory 9/30/20Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadTotal Raw Materials Available for UseWork in Process 9/1/20Work in Process 9/30/20						$ enter a total amount for this schedule