Sheffield Company | |||
Cost of Goods Manufactured Schedule | |||
For the Month Ended September 30, 2020 | |||
Work in process inventory, June 1 | $5,930 | ||
Direct Materials: | |||
Raw materials inventory, June 1 | $9,710 | ||
Add: Raw materials Purchases | $55,020 | ||
Total Raw Materials Available for use | $64,730 | ||
Less: Raw materials inventory, June 30 | $13,770 | ||
Direct materials used | $50,960 | ||
Direct labor | $51,740 | ||
Manufacturing Overhead | |||
Indirect labor | $6,510 | ||
Factory insurance | $4,700 | ||
Machine depreciation | $4,380 | ||
Factory Utilties | $3,740 | ||
Machine Repairs | $1,990 | ||
Miscellaneous Factory Costs | $1,980 | ||
Total manufacturing overhead | $23,300 | ||
Total manufacturing costs [Direct materials used + Direct labor + Total manufacturing overhead] | $126,000 | ||
Total Cost of work in Process [$5,930 + $126,000] | $131,930 | ||
Less: Work in process inventory, June 30 | $8,800 | ||
Cost of Goods Manufactured | $123,130 |
Aalof th uts of Steidan Company reveals the fulowlng mandacturing cost data for the month ended June 30, 202...
An analysis of the accounts of Crane Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Beginning $9,440 5,230 9,280 Ending $13,980 9,030 6,880 Costs incurred: raw materials purchases $55,570, direct labor $47,200, manufacturing overhead $23,160. The specific overhead costs were: indirect labor $6,480, factory insurance $4,230, machinery depreciation $4,520, machinery repairs $2,510, factory utilities $3,500, and miscellaneous factory costs $1,920. Assume that all raw materials used...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Beginning Ending Raw materials $9,630 $15,590 Work in process 5,810 7,430 Finished goods 9,820 6,450 Costs incurred: raw materials purchases $54,490, direct labor $50,940, manufacturing overhead $22,940. The specific overhead costs were: indirect labor $5,860, factory insurance $4,260, machinery depreciation $4,220, machinery repairs $2,630, factory utilities $3,990, and miscellaneous factory costs $1,980. Assume that all raw materials used...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Beginning Ending Raw materials $9,880 $15,510 Work in process 5,790 9,050 Finished goods 9,760 6,530 Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities $3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Beginning Ending Raw materials $9,880 $15,510 Work in process 5,790 9,050 Finished goods 9,760 6,530 Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities $3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Beginning Ending $9,760 $16,300 6,240 7,420 9,300 6,730 Costs incurred: raw materials purchases $55,480, direct labor $49,600, manufacturing overhead $22,610. The specific overhead costs were: indirect labor $6,460, factory insurance $4,400, machinery depreciation $4,190, machinery repairs $2,180, factory utilities $3,740, and miscellaneous factory costs $1,640. Assume that all raw materials used...
An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870. Assume that all raw materials used were...
help. An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Beginning Ending $9,760 $16,300 6,240 7,420 9,300 6,730 Costs incurred: raw materials purchases $55,480, direct labor $49,600, manufacturing overhead $22.610. The specific overhead costs were: indirect labor $6,460, factory insurance $4,400, machinery depreciation $4,190, machinery repairs $2,180, factory utilities $3,740, and miscellaneous factory costs $1,640. Assume that all raw materials...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Beginning Ending Raw materials $9,880 $15,510 Work in process 5,790 9,050 Finished goods 9,760 6,530 Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities $3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used...
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017. Inventory Beginning Ending Raw materials $9,430 $17,470 Work in process 6,670 7,720 Finished goods 9,860 6,990 Costs incurred: raw materials purchases $57,270, direct labor $48,240, manufacturing overhead $24,920. The specific overhead costs were: indirect labor $7,330, factory insurance $4,970, machinery depreciation $4,730, machinery repairs $2,690, factory utilities $3,510, and miscellaneous factory costs $1,690. Assume that all raw materials used...
An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870. Assume that all raw materials used were...