Sage Hill Corporation has the following cost records for June 2022. Indirect factory labor Direct materials...

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Sage Hill Corporation has the following cost records for June 2022. Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process, 6/30/22 Finished goods, 6/1/22 Finished goods, 6/30/22 $4,000 Factory utilities 17,600 2,640 3,320 4,400 6,600 Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials used Factory manager's salary Prepare a cost of goods manufactured schedule for June 2022. $340 1,220 35,200 1,560 2,000 2,640 Prepare an income statement through gross profit for June 2022 assuming sales revenue is $80,900. Sage Hill Corporation has the following cost records for June 2022. Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process, 6/30/22 Finished goods, 6/1/22 Finished goods, 6/30/22 $4,000 Factory utilities 17,600 2,640 3,320 4,400 6,600 Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials used Factory manager's salary Prepare a cost of goods manufactured schedule for June 2022. $340 1,220 35,200 1,560 2,000 2,640 Prepare an income statement through gross profit for June 2022 assuming sales revenue is $80,900.

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To prepare the cost of goods manufactured schedule for June 2022 we need to calculate the various co... View the full answer