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Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,040 Factory utilities $490 Direct materials used 21,100 Depreciation, factory equipment 1,600

Cepeda Corporation has the following cost records for June 2020.

Indirect factory labor $5,040 Factory utilities $490
Direct materials used 21,100 Depreciation, factory equipment 1,600
Work in process, 6/1/20 3,920 Direct labor 42,130
Work in process, 6/30/20 4,680 Maintenance, factory equipment 1,980
Finished goods, 6/1/20 5,100 Indirect materials 2,190
Finished goods, 6/30/20 7,990 Factory managers salary 3,890

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CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 $ Direct Labor 42,130.00 Manufacturing Overhead Indirect Labor $ 5,040.00 Factory Utilities 490.00 Depreciation, Factory Equipment 1,600.00 Maintenance, Factory Equipment 1,980.00 Indirect Materials 2,190.00 Factory Manager's Salary 3,890.00 Total Manufacturing Overhead 15,190.00 Total Manufacturing Costs Total Manufacturing Costs Less : CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 $ $ 42,130.00 5,040.00 490.00 1,600.00 1,980.00 2,190.00 3,890.00 15,190.00 78,420.00 82,340.00 $ Prepare an income statement through gross profit for June 2020 assuming sales revenue is $89,730. CEPEDA CORPORATION Income Statement (Partial) $ $ . $

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