Refer to the data for Russo Corporation in Exercise 5-6.
Data From Ex 5-6
......................................................Job G431
Beginning balance ............................................ $8,000
Charged to the job during June:
Direct materials ........................................... $12,000
Direct labor ................................................... $5,000
Manufacturing overhead applied .................. $8,000
Units completed ................................................... 200
Units in process at the end of June .......................... 0
Units sold during June ........................................... 80
Required:
Using the indirect method, determine the cost of goods sold for June.