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Exercise 10-12 Cepeda Corporation has the following cost records for June 2017 Indirect factory labor Direct materials used Work in process, 6/1/17 Work in process,
Exercise 10-12 Cepeda Corporation has the following cost records for June 2017 Indirect factory labor Direct materials used Work in process, 6/1/17 Work in process, 6/30/17 4,630 Maintenance, factory equipment Finished goods, 6/1/17 Finished goods, 6/30/17 $410 1,560 42,630 1,990 2,120 3,150 5,420 Factory utilities 22,300 Depreciation, factory equipment 3,620 Direct labor 5,310 8,420 Indirect materials Factory manager's salary Prepare a cost of goods manufactured schedule for June 2017. CEPEDA CORPORATION Cost of Goods Manufactured Schedule Prepare an income statement through gross profit for June 2017 assuming sales revenue is $89,.480. CEPEDA CORPORATION Income Statement (Partial)
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