E1-16 An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2014.

Inventories Beginning Ending
Raw materials $9,000 $13,100
Work in process 5,000 7,000
Finished goods 9,000 8,000

Costs incurred:

Raw materials purchases $54,000
Direct labor 47,000
Manufacturing overhead 19,900

The specific overhead costs were:

Indirect labor $5,500 Machinery repairs 1,800
Factory insurance 4,000 Factory utilities 3,100
Machinery depreciation 4,000 Miscellaneous factory costs 1,500

Assume that all raw materials used were direct materials.

(a)Prepare the cost of goods manufactured schedule for the month ended June 30, 2014.
(b)Show the presentation of the ending inventories on the June 30, 2014, balance sheet.