An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Beginning Ending $9,880 $15,510 5,790 9,760 9,050 6,530 Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities $3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used were direct materials.
An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020. Inventory Raw materials Work in process Finished goods Beginning Ending $9,880 $15,510 5,790 9,760 9,050 6,530 Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities $3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used were direct materials.
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PB: During the year, a company purchased raw materials of $77,321 and incurred direct labor costs of...
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![An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020.
Inventory
Raw materials
Work in process
Finished goods
Ending
$9,880 $15,510
Beginning
5,790
9,760
9,050
6,530
Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs
were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities.
$3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used were direct materials.
ROBERTS COMPANY
Cost of Goods Manufactured Schedule
ROBERTS COMPANY
(Partial) Balance Sheet](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd17b9706-e9c9-4374-9367-0a496aa440c1%2Fa9632ddb-a921-4a58-a657-7a424c343aa0%2F6bxkzmq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2020.
Inventory
Raw materials
Work in process
Finished goods
Ending
$9,880 $15,510
Beginning
5,790
9,760
9,050
6,530
Costs incurred: raw materials purchases $57,720, direct labor $51,130, manufacturing overhead $23,970. The specific overhead costs
were: indirect labor $7,090, factory insurance $4,160, machinery depreciation $4,900, machinery repairs $2,450, factory utilities.
$3,570, and miscellaneous factory costs $1,800. Assume that all raw materials used were direct materials.
ROBERTS COMPANY
Cost of Goods Manufactured Schedule
ROBERTS COMPANY
(Partial) Balance Sheet
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