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The following data were taken from the records of Teal Mountain Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 $52,600

The following data were taken from the records of Teal Mountain Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 $52,600 Accounts Receivable $31,400 Raw Materials Inventory 6/30/22 49,400 Factory Insurance 5,700 Finished Goods Inventory 7/1/21 Finished Goods Inventory 6/30/22 99,400 Factory Machinery Depreciation 18,100 24,300 Factory Utilities 29,900 Work in Process Inventory 7/1/21 21,200 Office Utilities Expense 8,750 Work in Process Inventory 6/30/22 23,200 Sales Revenue 562,600 Direct Labor 142,650 Sales Discounts 4,400 Indirect Labor 24,960 Factory Manager's Salary 62,400 Factory Property Taxes 9,910 Factory Repairs 1,600 Raw Materials Purchases 97,600 Cash 39,100 TEAL MOUNTAIN COMPANY Cost of Goods Manufactured Schedule $ > > V A A $ < < > A A Y A TEAL MOUNTAIN COMPANY Income Statement (Partial) < > V < > > > $ $ eTextbook and Media List of Accounts Save for Later TEAL MOUNTAIN COMPANY Balance Sheet (Partial) ASSETS $ V S $ Attempts: 0 of 2 used Submit

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