Exercise 15-16 An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017.

Exercise 15-16

An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017.

Inventory

Beginning

Ending

Raw materials$9,560$16,670Work in process6,2307,880Finished goods9,5306,440

Costs incurred: raw materials purchases $55,920, direct labor $47,810, manufacturing overhead $23,730. The specific overhead costs were: indirect labor $7,350, factory insurance $4,240, machinery depreciation $4,650, machinery repairs $2,220, factory utilities $3,270, and miscellaneous factory costs $2,000. Assume that all raw materials used were direct materials.

(a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2017.