Cepeda Corporation has the following cost records for June 2020. Instructions a. Prepare a cost of goods

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Cepeda Corporation has the following cost records for June 2020.

Factory utilities Depreciation, factory equipment Indirect factory labor Direct materials used Work in process, 6/1/20 W


Instructions
a. Prepare a cost of goods manufactured schedule for June 2020.
b. Prepare an income statement through gross profit for June 2020 assuming sales revenue is $92,100.


Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Accounting Principles

ISBN: 978-1119411482

13th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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