Cepeda Corporation has the following cost records for June 2020. $5,040 Indirect factory labor $490 Factory utilities Direct materials used 21,100 Depreciation, factory equipment 1,600 42,130 Work in process, 6/1/20 3,920 Direct labor 1,980 Work in process, 6/30/20 4,680 Maintenance, factory equipment Finished goods, 6/1/20 5,100 2,190 Indirect materials 7,990 Finished goods, 6/30/20 3,890 Factory manager's salary Your Answer Correct Answer CEPEDA CORPORATION Income Statement (Partial) For the Month Ended June 30, 2020 Sales Revenue Cost of Goods Sold Finished Goods Inventory, June 1 : Cost of Goods Manufactured Cost of Goods Available for Sale - Add : : Finished Goods Inventory, June 30 Cost of Goods Sold Gross Profit e Textbook and Media Attempts: 0 of 2 used Save for Later Cepeda Corporation has the following cost records for June 2020. $5,040 Indirect factory labor $490 Factory utilities Direct materials used 21,100 Depreciation, factory equipment 1,600 42,130 Work in process, 6/1/20 3,920 Direct labor 1,980 Work in process, 6/30/20 4,680 Maintenance, factory equipment Finished goods, 6/1/20 5,100 2,190 Indirect materials 7,990 Finished goods, 6/30/20 3,890 Factory manager's salary Your Answer Correct Answer CEPEDA CORPORATION Income Statement (Partial) For the Month Ended June 30, 2020 Sales Revenue Cost of Goods Sold Finished Goods Inventory, June 1 : Cost of Goods Manufactured Cost of Goods Available for Sale - Add : : Finished Goods Inventory, June 30 Cost of Goods Sold Gross Profit e Textbook and Media Attempts: 0 of 2 used Save for Later