An analysis of the accounts of Shamrock Company reveals the following manufacturing cost data for the...
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An analysis of the accounts of Shamrock Company reveals the following manufacturing cost data for the month ended June 30, 2025. Inventory Raw materials Work in process Finished goods Beginning Ending $8,200 $11,980 (a) 4,500 8,200 6,350 7,400 Costs incurred: raw materials purchases $48,700, direct labor $42,100, manufacturing overhead $18,320. The specific overhead costs were: indirect labor $4,900, factory insurance $3,700, machinery depreciation $3,700, machinery repairs $1,690, factory utilities $2,980, and miscellaneous factory costs $1,350. (Assume that all raw materials used were direct materials.) Prepare the cost of goods manufactured schedule for the month ended June 30, 2025. An analysis of the accounts of Shamrock Company reveals the following manufacturing cost data for the month ended June 30, 2025. Inventory Raw materials Work in process Finished goods Beginning Ending $8,200 $11,980 (a) 4,500 8,200 6,350 7,400 Costs incurred: raw materials purchases $48,700, direct labor $42,100, manufacturing overhead $18,320. The specific overhead costs were: indirect labor $4,900, factory insurance $3,700, machinery depreciation $3,700, machinery repairs $1,690, factory utilities $2,980, and miscellaneous factory costs $1,350. (Assume that all raw materials used were direct materials.) Prepare the cost of goods manufactured schedule for the month ended June 30, 2025.
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Related Book For
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date:
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