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ufacturing activities of the Comell Company during June: It incurred factory costs during the month as follows: It experienced expirations of previous factory acquisitions and
ufacturing activities of the Comell Company during June: It incurred factory costs during the month as follows: It experienced expirations of previous factory acquisitions and prepayments as follows: Other information included the following: Sales $1,350,000 Selling and Administrative Expenses 246,900 Interest Expense 47,100 Income Tax Rate 40% a. Calculate the cost of raw materials and factory supplies used during June. b. Calculate the cost of units completed during June and transferred to the finished goods storeroom. c. Calculate the cost of goods sold during June. d. Calculate the amount of net income for the month of June. The income tax rate is 40 percent
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