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 $5,210 Factory utilities 22,640 Depreciation, factory equipment 3,580 Direct labor 3,980 Maintenance, factory equipment 5,230 Indirect materials 8,520 Factory manager's salary $440 1,790 42,090 1,810 2,670 3,910 repare a cost of goods manufactured schedule for line non June 30, 2020 Work in Process Inventory, June 1 v 3580 Direct Materials Used 22640 Direct Labor 42090 Manufacturing Overhead Indirect Labor 5210 Factory Manager's Salary 3910 Indirect Materials 2670 Maintenance, Factory Equipment 1810 Depreciation, Factory Equipment 1790 Factory Utilities 440 Total Manufacturing Overhead 15830 Total Cost of Work in Process 80560 Total Manufacturing Costs 84140 Less Finished Goods Inventory, June 30 3580 Cost of Goods Manufactured 80560 Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,710, 80560 Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,710. CEPEDA CORPORATION Income Statement (Partial) Click if you would like to Show Work for this question: Modify Show Work