S Kummel, Accounting, 7 Help | System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 14-12 Cepeda Corporation has the following cost records for June 2020. Indirect factory labor 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 $5,040 Factory utilities 21,100 Depreciation, factory equipment 3,920 Direct labor 4,680 Maintenance, factory equipment 5,100 Indirect materials 7,990 Factory manager's salary $490 1,600 42,130 1,980 2,190 3,890 Prepare a cost of goods manufactured schedule for June 2020. CEPEDA CORPORATION Cost of Goods Manufactured Schedule For the Month Ended June 30, 2020 V $ Help System Announcements SOURCES For the Month Ended June 30, 2020 Work in Process Inventory, June 1 V 3920 Direct Materials Used 21100 $ Direct Labor 42130 Manufacturing Overhead FA A Indirect Labor 5040 Factory Utilities > by Study 490 > Depreciation, Factory Equipment 1600 Maintenance, Factory Equipment 1980 2190 Indirect Materials 3890 Factory Manager's Salary 15190 Total Manufacturing Overhead 78420 Total Manufacturing Costs 82340 Tata Manufacturing Costs 4680 LES Finished Goods Inventory, June 30 M 77660 S cost of Goods Manufactured Prepare an income statement through gross profit for June 2020 assuming sales revenue is $89,730. CEPEDA CORPORATION Income Statement (Partial) For the Month Ended June 30, 2020 Cost of Goods Sold Click if you would like to Show Work for this question: Open Show Work