Costs incurred: raw materials purchases

$53,100

, direct labor

$45,700

, manufacturing overhead

$20,240

. The specific overhead costs were: indirect labor

$5,300

, factory insurance

$4,100

, machinery depreciation

$4,100

, machinery repairs

$1,890

, factory utilities

$3,380

, and miscellaneous factory costs

$1,470

: (Assume that all raw materials used were direct materials.)\ (a)\ Prepare the cost of goods manufactured schedule for the month ended June 30, 2025.\ TEAL MOUNTATN COMPANY\ Cost of Goods Manufactured Schedule

 

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Costs incurred: raw materials purchases $53,100, direct labor $45,700, manufacturing overhead $20,240. The specific overhead costs were: indirect labor $5,300, factory insurance $4,100, machinery depreciation $4,100, machinery repairs $1,890, factory utilities $3,380, and miscellaneous factory costs $1,470. (Assume that all raw materials used were direct materials.) (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2025. Costs incurred: raw materials purchases $53,100, direct labor $45,700, manufacturing overhead $20,240. The specific overhead costs were: indirect labor $5,300, factory insurance $4,100, machinery depreciation $4,100, machinery repairs $1,890, factory utilities $3,380, and miscellaneous factory costs $1,470. (Assume that all raw materials used were direct materials.) (a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2025.

Answer rating: 100% (QA)

Answer To prepare the cost of goods manufactured schedule we need to calculate the total manufacturi... View the full answer