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Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,850 CEPEDA CORPORATION Income Statement (Partial) Cepeda Corporation has the following

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Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,850 CEPEDA CORPORATION Income Statement (Partial) Cepeda Corporation has the following cost records for June 2020. $4,760 Factory utilities $410 Indirect factory labor Direct materials used 22,180 Depreciation, factory equipment 1,600 Work in process, 6/1/20 41,330 3,300 Direct labor 4,420 Maintenance, factory equipment Work in process, 6/30/20 1,980 5,480 Indirect materials Finished goods, 6/1/20 Finished goods, 6/30/20 2,400 8,370 Factory manager's salary 3,530 Prepare a cost of goods manufactured schedule for June 2020

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