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Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in

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Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in process, 6/1/20 3,620 Direct labor Work in process, 6/30/20 4,630 Maintenance, factory equipment Finished goods, 6/1/20 5,310 Indirect materials Finished goods, 6/30/20 8,420 Factory manager's salary $410 1.560 42,630 1.990 2.120 3,150 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 Direct Labor $ 42,630 Direct Materials Used 22.300 Manufacturing Overhead Indirect Labor 5:42 Indirect Materials 2.120 Depreciation Factory Equipment 1.560 Maintenance Factory Equipment 1.990 Factory Manager's salary 3.250 Factory Utilities 10 Total Manufacturing Overhead 14,650 Total Manufacturing Costs Tots Cost of Work in Process Less Work in Process Inventory, June 30 - Prepare an income statement through gross profit for June 2020 assuming sales revenue is $89,480. CEPEDA CORPORATION Income Statement (Partial) I 2 e Textbook and Media Save for Later Attempts: 0 of 5 used Submit

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