An analysis of the accounts of Beautiful Bottles Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019.

Required

(a) Prepare the cost of goods manufactured schedule for the month ended 30 June 2019.

(b) Show the presentation of the ending inventories on the 30 June 2019 balance sheet.

Transcribed Image Text:

Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs Beginning Ending $ 14000 $22200 10000 18000 16000 12000 128000 100000 60000 31 200 8000 8000 3600 6200 3000