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Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30:  Goods in process Inventory, May 31 $12,600 Goods in process inventory, June 30 16,500 Direct materials used during June 21,000 Direct labor used during June 31,000 Factory overhead: Indirect material 6,400 Indirect labor 9,200 Factory rent 12,000 Factory depreciation 15,000 Factory utilities 10,400  Reminder: Total Manufacturing Costs = DM + DL + FO Cost of Goods Manufactured = Total Manufacturing Costs + Beginning GIP— Ending GIP What is the sum of all Factory Overhead items' dollar amount? Report in whole dollars

Accounting Feb 10, 2021

Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30: 
Goods in process Inventory, May 31 $12,600 Goods in process inventory, June 30 16,500 Direct materials used during June 21,000 Direct labor used during June 31,000 Factory overhead: Indirect material 6,400 Indirect labor 9,200 Factory rent 12,000 Factory depreciation 15,000 Factory utilities 10,400 
Reminder: Total Manufacturing Costs = DM + DL + FO Cost of Goods Manufactured = Total Manufacturing Costs + Beginning GIP— Ending GIP What is the sum of all Factory Overhead items' dollar amount? Report in whole dollars. 

 

Use the following information to prepare the manufacturing statement for Forsythe Company for the month ended June 30: 
Goods in process inventory, May 31 $12,600 Goods in process inventory, June 30 16,500 Direct materials used during June 21,000 Direct labor used during June 31,000 Factory overhead: Indirect material 6,400 Indirect labor 9,200 Factory rent 12,000 Factory depreciation 15,000 Factory utilities Imo° 
Reminder: Total Manufacturing Costs = DM + DL + FO Cost of Goods Manufactured = Total Manufacturing Costs + Beginning GIP— Ending GIP What is the Total Manufacturing Costs dollar amount? Report in whole dollars. 
 

Expert Solution

Manufacturing Statement for Month Ended June 30:
Direct Materials   21000
Direct labour   31000
Factory overhead    
Indirect material 6400  
Indirect labor 9200  
Rent 12000  
Deprecation 15000  
utilities 18400  
Total overhead   61000
Total manufacturing cost   113000
Add: Beginning work in progress   12600
Total cost of work in process   125600
Less: Ending WIP   16500
Total cost of goods manufactured   109100

Sum of All Factory Overhead Items's Dollar Amount = $61,000

Total Manufacturing COst Dollar Amount = $113,000

 

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