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Exercise 14-12 Cepeda Corporation has the following cost records for June 2017, Indirect factory labor $4,640 Factory utilities Direct materials used 22,900 Depreciation, factory equipment

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Exercise 14-12 Cepeda Corporation has the following cost records for June 2017, Indirect factory labor $4,640 Factory utilities Direct materials used 22,900 Depreciation, factory equipment Work in process, 6/1/17 4,010 Direct labor Work in process, 6/30/17 4,570 Maintenance, factory equipment Finished goods, 6/1/17 5,690 Indirect materials Finished goods, 6/30/17 8,080 Factory manager's salary $490 1,660 41,660 1,820 2,730 3,990 Prepare a cost of goods manufactured schedule for June 2017. 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 $87,600, CEPEDA CORPORATION Income Statement (Partial)

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