Question
Sage Hill Corporation has the following cost records for June 2022. Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process,
Sage Hill Corporation has the following cost records for June 2022. Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process, 6/30/22 Finished goods, 6/1/22 Finished goods, 6/30/22 $4,000 Factory utilities 17,600 2,640 3,320 4,400 6,600 Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials used Factory manager's salary Prepare a cost of goods manufactured schedule for June 2022. $340 1,220 35,200 1,560 2,000 2,640 Prepare an income statement through gross profit for June 2022 assuming sales revenue is $80,900.
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Survey Of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
2nd Edition
1119594537, 978-1119594536
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