Make a schedule of cost of goods manufactured for june

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Atlas Company is a fairly new company that began its operations on June 1, 2020. Atlas Company manufactures summer jackets. At the end of June, 2020 the following information was compiled:

Administrative Expense $25,000
Direct Labour $10,000
Ending Finished Goods $8,000
Ending Raw Materials $20,000
Ending Work-in-Process $7,000
Manufacturing Overhead $6,000
Raw Material Purchases $50,000
Sales Revenue $120,000
Selling Expense $30,000

Problem a) Prepare a schedule of cost of goods manufactured for June

Problem ?b) Prepare an income statement for June

Reference no: EM132963159

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