Exercises 2-39

1. Prepare Direct Materials Used Schedule

Your answer should follow this sample format:

Inventories:

Finished Goods 6000

Work in process 13000

Raw Materials 13100

Total Inventories 32100

Select from the following list to answer your questions:

Work in process inventory, June 1:

Manufacturing overhead

Direct labour

Indirect labour

Total raw materials used

Factory insurance

Machinery depreciation

Factory utilities Direct materials used Machinery repairs Miscellaneous factory costs Total manufacturing costs Total cost of work in process Work in process inventory, June 30: Cost of goods manufactured Raw materials inventory, June 1:

Raw materials purchases

Total raw materials available for use Raw materials inventory, June 30:

Exercises 2-39

2. Prepare manufacture Overhead Schedule

Your answer should follow this sample format:

Inventories:

Finished Goods 6000

Work in process 13000

Raw Materials 13100

Total Inventories 32100

Select from the following list to answer your questions:

Work in process inventory, June 1:

Manufacturing overhead

Direct labour

Indirect labour

Total raw materials used

Factory insurance

Machinery depreciation

Factory utilities Direct materials used Machinery repairs Miscellaneous factory costs Total manufacturing costs Total cost of work in process Work in process inventory, June 30: Cost of goods manufactured Raw materials inventory, June 1:

Raw materials purchases

Total raw materials available for use Raw materials inventory, June 30: