Cepeda Corporation has the following cost records for June 2012

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.

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Indirect factory labor Direct materials used Work in process, 6/1/12 Work in process, 6/30/12 Finished goods, 6/1/12 Finished goods, 6/30/12 4,500 Factory utilities 20,000 3,000Direct labor 3,800 Maintenance, factory equipment S 400 Depreciation, factory equipment 1,400 40,000 1,800 2.000Indirect materials 2,200 2,200 7,500 Factory manager's salary 3,000