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Metlock Corporation has the following cost records for June 2022 Indirect factory labor $5,000 Factory utilities $ 440 21,600 Depreciation factory equipment Direct materials used

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Metlock Corporation has the following cost records for June 2022 Indirect factory labor $5,000 Factory utilities $ 440 21,600 Depreciation factory equipment Direct materials used Work in process, 6/1/22 1,520 3,240 Direct labor 43,200 Work in process, 6/30/22 4.120 Maintenance, factory equipment 1,960 5,400 Indirect materials used Finished goods, 6/1/22 Finished goods, 6/30/22 2,500 8,100 Factory manager's salary 3,240 Prepare a cost of goods manufactured schedule for June 2022. METLOCK CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30,2022 Work in Process. June 1 Direct Materials Used 21600 Direct Labor 43200 Manufacturing Overhead Indirect Factory Labor $ 5000 Factory Utilities 440 Depreciation Factory Equipment 1520 Maintenance Factory Equipment. 1960 Depreciation Factory Equipment: 1520 Maintenance, Factory Equipment 1960 Indirect Materials Used 2500 Factory Manager's Salary 3240 Total Manufacturing Overhead 14660 Total Manufacturing Costs Total Cost of Work in Process Less :: Work in Process, June 30 Cost of Goods Manufactured Textbook and Media Prepare an income statement through gross profit for June 2022 assuming sales revenue is $ 98,900. METLOCK CORPORATION Income Statement (Partial) June 30, 2022 For the Month Ended June 30, 2022 For the Year Ended June 30, 2022 Income Statement (Partial) : $ Cost of Goods Available for Sale Cost of Goods Manufactured Cost of Goods Sold Finished Goods Inventory, June 1 Finished Goods Inventory, June 30 Gross Profit Sales Revenue Depreciation, Factory Equipment Direct Labor Direct Materials Used Factory Manager's Salary Factory Utilities Indirect Labor Indirect Materials Maintenance, Factory Equipment Manufacturing Overhead Total Cost of Work in Process Total Manufacturing Costs Total Manufacturing Overhead Work in Process Inventory, June 1 Work in Process Inventory, June 30 | $

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