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Question 3 View Policies Show Attempt History Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,490
Question 3 View Policies Show Attempt History Current Attempt in Progress Cepeda Corporation has the following cost records for June 2020. Indirect factory labor $5,490 Factory utilities $490 Direct materials used 21,980 Depreciation, factory equipment 1,500 Work in process, 6/1/20 3,250 Direct labor 42,400 Work in process, 6/30/20 4,400 Maintenance, factory equipment 1,880 Finished goods, 6/1/20 5,550 Indirect materials 2,930 Finished goods, 6/30/20 7,830 Factory manager's salary 3,770 Prepare an income statement through gross profit for June 2020 assuming sales revenue is $89,230. CEPEDA CORPORATION Income Statement (Partial)
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