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  3. cepeda corporation has the following cost records for june 2017...

Question: cepeda corporation has the following cost records for june 2017...

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Cepeda Corporation has the following cost records for June 2017 Indirect factory labor Direct materials used Work in process, 6/1/17 Work in process, 6/30/17 Finished goods, 6/1/17 Finished goods, 6/30/17 $5,400 21,100 3,860 3,980 6,050 7,930 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory managers salary $460 1,620 41,620 1,990 2,910 3,960CEPEDA CORPORATION Cost of Goods Manufactured SchedulePrepare an income statement through gross profit for June 2017 assuming sales revenue is $88,030. CEPEDA CORPORATION Income Statement (Partial)

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