From the data given below, prepare a statement of cost of goods manufactured for the Blanche Manufacturing Company for the month of June, 20--. The wording for the statement is given, you must enter the numbers. Account Balances Finished Goods Work in Process Materials June 1 June 30 $20,000 $ 23,000 $2,000 $7,000 $ 19,000 $ 21,000 June Transactions (a) Purchased materials at a cost of $56,000. (b) Issued indirect materials to the factory, cost $3,000. (c) Total salaries and wages earned for the month were $38,000, of which $6,000 was for indirect factory labor and $4,000 was for office salaries. (d) Factory overhead for the month, other than indirect materials and indirect labor was $16,000.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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From the data given below, prepare a statement of cost of goods manufactured for
the Blanche Manufacturing Company for the month of June, 20--. The wording for
the statement is given, you must enter the numbers.
Account Balances
Finished Goods
Work in Process
Materials
June 1 June 30
$20,000 $23,000
$2,000 $7,000
$ 19,000 $ 21,000
June Transactions
(a) Purchased materials at a cost of $56,000.
(b) Issued indirect materials to the factory, cost $3,000.
(c) Total salaries and wages earned for the month were $38,000, of which $6,000
was for indirect factory labor and $4,000 was for office salaries.
(d) Factory overhead for the month, other than indirect materials and indirect labor,
was $16,000.
Transcribed Image Text:From the data given below, prepare a statement of cost of goods manufactured for the Blanche Manufacturing Company for the month of June, 20--. The wording for the statement is given, you must enter the numbers. Account Balances Finished Goods Work in Process Materials June 1 June 30 $20,000 $23,000 $2,000 $7,000 $ 19,000 $ 21,000 June Transactions (a) Purchased materials at a cost of $56,000. (b) Issued indirect materials to the factory, cost $3,000. (c) Total salaries and wages earned for the month were $38,000, of which $6,000 was for indirect factory labor and $4,000 was for office salaries. (d) Factory overhead for the month, other than indirect materials and indirect labor, was $16,000.
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