ment Exercise 19-12 a-b Concord Corporation has the following cost records for June 2020. $440 Factory utilities Depreciation, factory equipment Direct labor 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 $4,750 21,330 3,400 4,540 6,090 8,470 Maintenance, factory equipment Indirect materials Factory manager's salary 1,590 42,300 1,900 2,140 3,360 Your answer is partially correct. Try again. T RESOURCES Your answer is partially correct. Try again. 19-04A a-C Prepare an income statement through gross profit for June 2020 assuming sales revenue is $88,170. 9-12 a-b CONCORD CORPORATION Income Statement (Partial) For the Month Ended June 30, 2020 re Sales Revenue 88,170 Cost of Goods Manufactured X Cost of Goods Manufactured 76,670 X Finished Goods Inventory, June 1 6,090 Cost of Goods Available for Sale 82,760 Less Finished Goods Inventory, June 30 8,470 Cost of Goods Sold 74,290 Gross Profit 13,880 LINK TO TEXT