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Exercise 15-12 Cepeda Corporation has the following cost records for June 2017. Indirect factory $5,370 Factory utilities $510 labor 22,290 Depreciation, factory equipment Direct materials
Exercise 15-12 Cepeda Corporation has the following cost records for June 2017. Indirect factory $5,370 Factory utilities $510 labor 22,290 Depreciation, factory equipment Direct materials 1,560 used Work in process, 6/1/17 Work in process, 6/30/17 Finished goods, 6/1/17 Finished goods, 6/30/17 3,560 Direct labor 42,500 4,640 Maintenance, factory equipment 1,980 5,240 Indirect materials 2,780 7,640 Factory manager's salary 3,800 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 $90,170 CEPEDA CORPORATION Income Statement (Partial) LINK TO TEXT VIDEO SIMLAR EXERCISE vIDEOL AFPER sLS
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