p1-4b - Name Date Instructor Course Managerial Accounting...

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FileName: d30e3bcd31406f46344de009f074e280ffdc44b4.xls, Tab: Problem P1-4B, Page 1 of 2, 12/28/2011, 19:01:51 Name: Date: Instructor: Course: Raw Materials Inventory, 7/1/04 $48,000 Factory Machinery Depreciation 16,000 Raw Materials Inventory, 6/30/05 39,600 Factory Utilities 27,600 Finished Goods Inventory, 7/1/04 96,000 Office Utilities Expense 8,650 Finished Goods Inventory, 6/30/05 95,900 Sales 554,000 Work in Process, 7/1/04 19,800 Sale Discounts 4,200 Work in Process, 6/30/05 18,600 Plant Manager's Salary 29,000 Direct Labor 149,250 Factory Property Taxes 9,600 Indirect Labor 24,460 Factory Repairs 1,400 Accounts Receivable 27,000 Raw Materials Purchases 96,400 Factory Insurance 4,600 Cash 32,000 Instructions: STELLAR MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended June 30, 2005 Work in process inventory, January 1 Amount Direct materials Account Amount Account Amount Title Formula Account Amount Title Formula Account Amount Manufacturing overhead Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Title Formula Title Formula Title Formula Account Amount
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