Weygandt, Financial and Managerial, 3e Help System Announcements Exercise 14-12 a-b (Video) (Part Level Submission) Concord 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 $5,070 Factory utilities 22,870 Depreciation, factory equipment 3,260 Direct labor 3,910 Maintenance, factory equipment 6,070 Indirect materials 7,840 Factory manager's salary $430 1,570 41,420 1,900 2,400 3,680 (a) Your answer is partially correct. Try again. Prepare a cost of goods manufactured schedule for June 2020. CONCORD CORPORATION Cost of Goods Manufactured Schedule (b) Prepare an income statement through gross profit for June 2020 assuming sales revenue is $87,760. CONCORD CORPORATION Income Statement (Partial) LA $ V V v Click if you would like to Show Work for this question: Open Show Work