Work in Progress, June 1 Direct Material Used Direct Labor Manufacturing Overhead: Cost of Good Manufactured Schedule For the month ended June 30,2022 $3,600 $24,000 $48,000 Indirect Factory Labor $5,600 Factory Utilities $500 Depreciation, Factory Utilities $1700 Maintenance, Factory Equipment $2,200 Indirect Material Used $2,800 Factory Manager Salaries $3.600 Total Manufacturing Overhead $16,400 Total Manufacturing Cost Total Cost of Work in Progress Less:Work in Progress, June 30 Cost of Good manufactured $88.400 $92,000 $4.600 $87,400 Rate answer he S Prepare an income statement through gross profit for June 2022 assuming sales revenue is $109,700. TEAL MOUNTAIN CORPORATION Income Statement (Partial) $