12 of 13 < > View Policies Show Attempt History Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,220 Factory utilities $510 Direct materials used 22,340 Depreciation, factory equipment 1,720 Work in process, 6/1/20 3,750 Direct labor 42.990 Work in process, 6/30/20 Finished goods, 6/1/201 Finished goods, 6/30/20 4,570 Maintenance, factory equipment 1.980 5,210 Indirect materials 2.920 8,430 Factory manager's salary 3,470 (a) 0.5/1 Your answer is correct Prepare a cost of goods manufactured schedule for June 2020. CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 Work in Process Inventory, June 1 0 Direct Materials Used Direct Labor Manufacturing Overhead i Indirect Labor 5220 Factory Utilities 510 Depreciation, Factory Equipment 1720 Maintenance, Factory Equipment 1980 Indirect Materials 2920 Factory Manager's Salary 3470 Total Manufacturing Overhead (b) Prepare an income statement through gross profit for June 2020 assuming sales revenue is $88,010. CEPEDA CORPORATION Income Statement (Partial) s $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit