Reference no: EM132378998
Question
The following data were taken from the records of Waterway Company for the fiscal year ended June 30, 2020.
Raw Materials Inventory 7/1/19 $48,100
Factory Insurance $5,600
Raw Materials Inventory 6/30/20 46,200
Factory Machinery Depreciation 18,600
Finished Goods Inventory 7/1/19 99,600
Factory Utilities 29,200
Finished Goods Inventory 6/30/20 21,600
Office Utilities Expense 8,850
Work in Process Inventory 7/1/19 27,700
Sales Revenue 561,400
Work in Process Inventory 6/30/20 25,300
Sales Discounts 4,900
Direct Labor 144,150
Plant Manager's Salary 64,400
Indirect Labor 24,960
Factory Property Taxes 9,910
Accounts Receivable 29,900
Factory Repairs 2,100
Raw Materials Purchases 99,200
Cash 40,700
Show a cost of goods manufactured schedule.
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: Show a cost of goods manufactured schedule. The following data were taken from the records of Waterway Company for the fiscal year ended June 30, 2020.
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