Prepare an income statement through gross profit for june, Ask an Expert

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berger corporation has the follow cost record for june 2005
indirect factory labor $ 4,500
direct material used 20,000
work in process 6/1/05 3,000
work in process, 6/30/05 3,800
finished good, 6/1/05 5,000
finished good, 6/30/05 7,500
factory utilities $ 400
depreciation factory equipment 1,400
direct labor 25,000
maintenance factory equipment 1,800
indirect materials 2,200
factory managers salary 3,000
instruction
prepare a cost of good manufactured schedule for june 2005
prepare an income statement through gross profit for june 2005 assuming net sales are $97,000

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M958948

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