An analysis of the accounts of Williams Company reveals the following manufacturing cost data for...
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Accounting
An analysis of the accounts of Williams Company reveals the following manufacturing cost data for the month ended September 30, 2020. Beginning $12,900 Inventories Raw materials Work in process Finished goods Ending $12,100 4,700 12,800 6,800 9,500 Costs incurred: raw materials purchases $59,500, direct labor $54,900, manufacturing overhead $25,830. The specific overhead costs were: indirect labor $7,000, factory insurance $4,600, machinery depreciation $6,600, machinery repairs $2,700, factory utilities $3,200, miscellaneous factory costs $1,730. Assume that all raw materials used were direct materials. Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. Williams Co. Cost of Goods Manufacturing Schedule $ V >
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