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E1-16 An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2014.
Costs incurred:
The specific overhead costs were:
Assume that all raw materials used were direct materials.Instructions:
(a) Prepare the cost of goods manufactured schedule for the month ended June 30, 2014.(b) Show the presentation of the ending inventories on the June 30, 2014, balance sheet.
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