Question
Please help me fill out the boxes below. Cepeda Corporation has the following cost records for June 2017. Indirect factory labor $ 4,640 Factory utilities
Please help me fill out the boxes below.
Cepeda Corporation has the following cost records for June 2017.
Indirect factory labor | $ 4,640 | Factory utilities | $ 490 | |||
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Direct materials used | 22,900 | Depreciation, factory equipment | 1,660 | |||
Work in process, 6/1/17 | 4,010 | Direct labor | 41,660 | |||
Work in process, 6/30/17 | 4,570 | Maintenance, factory equipment | 1,820 | |||
Finished goods, 6/1/17 | 5,690 | Indirect materials | 2,730 | |||
Finished goods, 6/30/17 | 8,080 | Factory managers salary | 3,990 |
Prepare a cost of goods manufactured schedule for June 2017.
CEPEDA CORPORATION Cost of Goods Manufactured Schedule Choose the accounting periodChoose the accounting period June 30, 2017For the Month Ended June 30, 2017For the Year Ended June 30, 2017 | ||||||
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Select an opening section nameSelect an opening section name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | $ Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | $ Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select an opening subsection nameSelect an opening subsection name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | ||||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | $ Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a closing subsection nameSelect a closing subsection name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a total amount for this subsection | |||||
Select a summarizing line for the first partSelect a summarizing line for the first part Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a total amount for the first part | |||||
Select a closing section nameSelect a closing section name Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a total amount for this section | |||||
Select between addition and deductionSelect between addition and deduction AddLess: Select a schedule itemSelect a schedule item Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | Enter a dollar amount | |||||
Select a closing name for this scheduleSelect a closing name for this schedule Cost of Goods ManufacturedDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30Finished Goods, June 1Finished Goods, June 30 | $ Enter a total amount for this schedule |
eTextbook and Media
Prepare an income statement through gross profit for June 2017 assuming sales revenue is $ 87,600.
CEPEDA CORPORATION Income Statement (Partial) Choose the accounting periodChoose the accounting period For the Year Ended June 30, 2017June 30, 2017For the Month Ended June 30, 2017 | ||||
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Select an income statement itemSelect an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | $ Enter a dollar amount | |||
Select an opening name for section oneSelect an opening name for section one Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | ||||
Select an income statement itemSelect an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | $ Enter a dollar amount | |||
Select an income statement itemSelect an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | Enter a dollar amount | |||
Select an income statement itemSelect an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | Enter a total of the two previous amounts | |||
Select between addition and deductionSelect between addition and deduction AddLess: Select an income statement itemSelect an income statement item Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | Enter a dollar amount | |||
Select a closing name for section oneSelect a closing name for section one Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | Enter a total amount for section one | |||
Select a closing name for this statementSelect a closing name for this statement Cost of Goods Available for SaleCost of Goods ManufacturedCost of Goods SoldFinished Goods, June 1Finished Goods, June 30Gross ProfitSales RevenueDepreciation, Factory EquipmentDirect LaborDirect Materials UsedFactory Managers SalaryFactory UtilitiesIndirect LaborIndirect MaterialsMaintenance, Factory EquipmentManufacturing OverheadTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Manufacturing OverheadWork in Process, June 1Work in Process, June 30 | $ Enter a total amount for this statement |
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