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Cost of goods manufactured schedule for June 2014 for Cepeda Corporation Question 8 Cepeda Corporation has the following cost records for June 2014. Indirect factory
Cost of goods manufactured schedule for June 2014 for Cepeda Corporation
Question 8 Cepeda Corporation has the following cost records for June 2014. Indirect factory labor Direct materials used Work in process, 6/1/14 Work in process, 6/30/14 Finished goods, 6/1/14 Finished goods, 6/30/14 $4,090 21,390 2,650 3,410 5,770 6,090 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $560 1,480 38,850 2,360 2,020 2,890 Prepare a cost of goods manufactured schedule for June 2014. CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2014 $ $ $ : $ Prepare an income statement through gross profit for June 2014 assuming sales revenue are $88,450. CEPEDA CORPORATION Income Statement (Partial) For the Month Ended June 30, 2014 $ $ : $ Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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