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Ending June 30 records for June 30 for ABC Company Revenue Raw Materials Purchased in Month 2,200,000 170,000 Direct Labor Cost 40,000 Advertising Expense 25,000
Ending June 30 records for June 30 for ABC Company Revenue Raw Materials Purchased in Month 2,200,000 170,000 Direct Labor Cost 40,000 Advertising Expense 25,000 Rent on Factory 40,000 Sales Commissions Supplies for the Factory 40,000 Maintenance Expense on factory Equip. 15,000 10,000 Depreciation on Factory Equipment 25,000 Indirect labor Cost 35,000 Utilities Expense for Factory 15,000 Depreciation on Sales Office Cars 30,000 Raw Mat Work in Process Finished Goods Beginning Inventory Ending Inventory 15,000 25,000 30,000 20,000 10,000 Prepare the Cost of Goods Manufactured and Cost of goods sold for the month below 10,000 Create an Income Statement for the month (Simple format, include period costs)
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