Respuesta :
Answer and Explanation:
The preparation of the cost of goods manufactured is presented below:
Roberts Company
Cost of Goods Sold Statement
For the month ended June 30, 2020
Particulars Amount
Beginning work-in-process inventory $5,000
Manufacturing costs:
Direct materials:
Beginning inventory $9,000
Purchases $54,000
Materials available $63,000
Less: Ending inventory -$13,100
Direct materials used $49,900
Direct labor $47,000
Other manufacturing costs
Indirect labor $5,500
Factory insurance $4,000
Machinery depreciation $4,000
Factory utilities $3,100
Machinery repairs $1,800
Miscellaneous factory Costs $1,500
Total other manufacturing cost $19,900
Total manufacturing costs: $116,800
Total costs of work-in-process $121.800 Less: Ending work-in-process -$7,000
Cost of goods manufactured $114,800
