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i need help with the income statement. VIEW FILES Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. $5,040 $490
i need help with the income statement. VIEW FILES Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. $5,040 $490 Indirect factory labor Direct materials used Factory utilities Depreciation factory equipment 21,100 1.600 3.920 Work in process, 6/1/20 42,130 Direct labor 4.680 Work in process, 6/30/20 1,980 Maintenance, factory equipment 2,190 Indirect materials 5,100 Finished goods, 6/1/20 7,990 3,890 Factory manager's salary Finished goods, 6/30/20 fande manufactured schedule for June 2020. + Ch 14-Grading Homework Ruestion 2 of 3 -110 CEPEDA CORPORATION Cost of Goods Manufactured Schedule June 30, 2020 Work in Process Inventory, June 1 Direct Materials Used $ 21.100 Direct Labor 42.130 Manufacturing Overhead Indirect Labor 5.040 Factory Utilities 490 Depreciation Factory Equipment 1,600 Maintenance, Factory Equipment 1.980 Indirect Materials 2.190 Factory Manager's Salary 3,890 Total Manufacturing Costs 15190 Total Manufacturing Costs Total Cost of Work in Process Work in Process inventory, June 30 Cost of Goods Manufactured Prepare an income statement through gross profit for June 2020 assuming sales revenue is $89,730 CEPEDA CORPORATION Income Statement (Partial) $ $
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