Solution-Prepare a cost of goods manufactured schedule for

Prepare a cost of goods manufactured schedule for june

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Reference no: EM13521247

Cepeda Corporation has the following cost records for June 2012.

Indirect factory labor	$4,500	Factory utilities	$400
Direct materials used	20,000	Depreciation, factory equipment	1,400
Work in process, 6/1/12	3,000	Direct labor	40,000
Work in process, 6/30/12	3,800	Maintenance, factory equipment	1,800
Finished goods, 6/1/12	5,000	Indirect materials	2,200
Finished goods, 6/30/12	7,500	Factory manager"s salary	3,000

Instructions

(a) Prepare a cost of goods manufactured schedule for June 2012.

(b) Prepare an income statement through gross profit for June 2012 assuming net sales are $92,100.

Reference no: EM13521247

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Prepare a cost of goods manufactured schedule for june

Reference no: EM13521247

Reference no: EM13521247

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