Cepeda Corporation has the following cost records for June 2025.

Instructionsa. Prepare a cost of goods manufactured schedule for June 2025.b. Prepare an income statement through gross profit for June 2025 assuming sales revenue is $92,100.

Transcribed Image Text:

Indirect factory labor Direct materials used Work in process, 6/1/25 Work in process, 6/30/25 Finished goods, 6/1/25 Finished goods, 6/30/25 $ 4,500 20,000 3,000 3,800 5,000 7,500 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials used Factory manager's salary $ 400 1,400 40,000 1,800 2,200 3,000