*Exercise 1-12 (Video) Cepeda Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $4,820 Factory utilities $420 21,080 Depreciation, factory equipment 1,790 3,520 Direct labor 42,810 3,970 Maintenance, factory equipment 1,920 5,920 Indirect materials 2,290 7,730 Factory manager's salary 3,120