e1-13 - Name Date Instructor Course rd Managerial...

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FileName: 2b6d6786bddce7ddff7477359e8c9f3dd426ab60.xls, Tab: Exercise E1-13, Page 1 of 2, 12/28/2011, 19:01:20 Name: Date: Instructor: Course: Inventories Beginning Ending Raw materials $9,000 $13,100 Work in process 5,000 8,000 Finished goods 9,000 6,000 Costs incurred: Raw materials purchases $64,000 Direct labor 57,000 Manufacturing overhead 19,900 The specific overhead costs were: Indirect labor $5,500 Machinery repairs 1,800 Factory insurance 4,000 Factory utilities 3,100 Machinery depreciation 4,000 Misc factory costs 1,500 Assume that all raw materials used were direct materials. Instructions: YELLOW KNIFE MANUFACTURING Cost of Goods Manufactured Schedule For the Month Ended June 30, 2005 Work in process inventory, 6/1/2004 Amount Direct materials Account Amount Account Amount Title Formula Account Amount Title Formula Account Amount Title Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Title Formula Total manufacturing costs Formula Total cost of work in process
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e1-13 - Name Date Instructor Course rd Managerial...

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