Question 7 Unitas Corporation has the following cost records for June 2020: Indirect factory labour 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) $4,800 25,300 3,500 2,900 5,100 8,600 Factory utilities Depreciation, factory equipment Direct labour Maintenance, factory equipment Indirect materials Factory manager's salary $400 1,700 30,800 2,050 2,250 3,000 T Total Manufacturing Overhead 14,200 T Total Manufacturing Costs 70,300 T Total Cost of Work in Process T 73800 I Less) T Work in Process, June 30 2,900 Cost of Goods Manufactured 70,900 (b) Prepare an income statement through gross profit for June 2020, assuming net sales are $93,300. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) UNITAS CORPORATION Income Statement (Partial)