The following data were taken from the records of Blumbey Manufacturing Company for the fiscal year ended June 30, 2012.
|
Raw Materials Inventory 7/1/11 |
$47,680 |
Factory Insurance |
$4,690 |
|||
|
Raw Materials Inventory 6/30/12 |
39,750 |
Factory Machinery Depreciation |
15,950 |
|||
|
Finished Goods Inventory 7/1/11 |
96,200 |
Factory Utilities |
27,430 |
|||
|
Finished Goods Inventory 6/30/12 |
96,280 |
Office Utilities Expense |
8,730 |
|||
|
Work in Process Inventory 7/1/11 |
19,350 |
Sales |
558,990 |
|||
|
Work in Process Inventory 6/30/12 |
18,270 |
Sales Discounts |
4,100 |
|||
|
Direct Labor |
149,790 |
Plant Manager’s Salary |
29,100 |
|||
|
Indirect Labor |
24,600 |
Factory Property Taxes |
9,830 |
|||
|
Accounts Receivable |
26,650 |
Factory Repairs |
1,840 |
|||
|
Raw Materials Purchases |
96,640 |
|||||
|
Cash |
32,410 |
