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Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,440 Factory utilities $480 Direct materials used 22.340 Depreciation, factory equipment 1,500
Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,440 Factory utilities $480 Direct materials used 22.340 Depreciation, factory equipment 1,500 Work in process. 6/1/20 3,100 Direct labor 41,010 Work in process, 6/30/20 4,760 Maintenance, factory equipment 1,840 Finished goods, 6/1/20 5,900. Indirect materials 2,820. Finished goods, 6/30/20 7,690 Factory manager's salary 3,640 Prepare a cost of goods manufactured schedule for June 2020. CEPEDA CORPORATION Cost of Goods Manufactured Schedule S Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,610. CEPEDA CORPORATION Income Statement (Partial) $ $
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