This Website Has Been Moved to a New Link


Loading

E19-12 Aikman Corporation has the following cost records for June 2010.

Price: $1.99


E19-12 Aikman Corporation has the following cost records for June 2010.


Indirect factory labor  $4,500 Factory utilities  $400
Direct materials used  20,000 Depreciation, factory equipment  1,400
Work in process, 6/1/10  3,000 Direct labor  30,000
Work in process, 6/30/10  3,800 Maintenance, factory equipment  1,800
Finished goods, 6/1/10  5,000 Indirect materials  2,200
Finished goods, 6/30/10  7,500 Factory manager's salary  3,000

Instructions

(a) Prepare a cost of goods manufactured schedule for June 2010.

(b) Prepare an income statement through gross profit for June 2010 assuming net sales are $87,100

No comments:

Post a Comment