Cepeda Corporation has the following cost records for June 2020.

Instructions

Prepare a cost of goods manufactured schedule for June 2020.
Prepare an income statement through gross profit for June 2017 assuming sales revenue is $92,100.

Solution

Cepeda Corporation
Schedule of Cost of goods manufactured schedule
For the Month Ended June 30, 2020

Cepeda Corporation
Income Statement (Partial)
For the Month Ended June 30, 2020

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