An analysis of the accounts of Marin Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Raw materials Work in process Finished goods Beginning Ending $9,800 $14,380 5,300 9,800 (a) 7,550 9,000 Costs incurred: raw materials purchases $57,500, direct labor $49,300, manufacturing overhead $22,160. The specific overhead costs were: indirect labor $5,700, factory insurance $4,500, machinery depreciation $4,500, machinery repairs $2,090, factory utilities $3,780, and miscellaneous factory costs $1,590. (Assume that all raw materials used were direct materials.) Prepare the cost of goods manufactured schedule for the month ended June 30, 2022.
An analysis of the accounts of Marin Company reveals the following manufacturing cost data for the month ended June 30, 2022. Inventory Raw materials Work in process Finished goods Beginning Ending $9,800 $14,380 5,300 9,800 (a) 7,550 9,000 Costs incurred: raw materials purchases $57,500, direct labor $49,300, manufacturing overhead $22,160. The specific overhead costs were: indirect labor $5,700, factory insurance $4,500, machinery depreciation $4,500, machinery repairs $2,090, factory utilities $3,780, and miscellaneous factory costs $1,590. (Assume that all raw materials used were direct materials.) Prepare the cost of goods manufactured schedule for the month ended June 30, 2022.
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:An analysis of the accounts of Marin Company reveals the following manufacturing cost data for the month ended June 30, 2022.
Inventory
Raw materials
Work in process
Finished goods
Beginning
Ending
$9,800 $14,380
7,550
9.000
(a)
5,300
9,800
Costs incurred: raw materials purchases $57,500, direct labor $49,300, manufacturing overhead $22,160. The specific overhead costs
were: indirect labor $5,700, factory insurance $4,500, machinery depreciation $4,500, machinery repairs $2,090, factory utilities
$3,780, and miscellaneous factory costs $1,590. (Assume that all raw materials used were direct materials.)
Prepare the cost of goods manufactured schedule for the month ended June 30, 2022.
MARIN COMPANY
Cost of Goods Manufactured Schedule
UIL
JUI
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