Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cepeda Corporation has the following cost records for June 2017. Indirect factory labor $5,070 Factory utilities $430 Direct materials used 22,870 Depreciation, factory equipment 1,570

Cepeda Corporation has the following cost records for June 2017.

Indirect factory labor $5,070 Factory utilities $430
Direct materials used 22,870 Depreciation, factory equipment 1,570
Work in process, 6/1/17 3,260 Direct labor 41,420
Work in process, 6/30/17 3,910 Maintenance, factory equipment 1,900
Finished goods, 6/1/17 6,070 Indirect materials 2,400
Finished goods, 6/30/17 7,840 Factory managers salary

3,680

image text in transcribed

image text in transcribed

Question 1 Cepeda Corporation has the following cost records for June 2017 Indirect factory labor Direct materials used Work in process, 6/1/17 Work in process, 6/30/17 Finished goods, 6/1/17 Finished goods, 6/30/17 $5,070 22,870 3,260 3,910 6.070 7,840 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $430 1,570 41,420 1,900 2,400 3,680 Prepare a cost of goods manufactured schedule for June 2017 CEPEDA CORPORATION Cost of Goods Manufactured Schedule

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Safety Health And Environmental Auditing A Practical Guide

Authors: Simon Watson Pain

1st Edition

1439829470, 978-1439829479

More Books

Students also viewed these Accounting questions