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  3. 2.34 (104) akanan corporation has the following co

2.34 (104) Akanan Corporation has the following cost records for June 2020 Prepare a cost...

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Accounting

2.34 (104) Akanan Corporation has the following cost records for June 2020 Prepare a cost of goods manufactured schedule and a partial income stufement Indirect factory labour $4,500 Direct matenals used i 25,000 Work in process (6/1/20) 3,000 Work in process (6/30/20) 2,800 Finished goods (6/1/20) 5,000 Finished goods (6/30/20) 9,500 Factory utilities $ 400 Depreciation, factory equipment, 1,400 Direct labour 30,000 Maintenance, factory equipment 1,800 Indirect materials 2,200 3,000 Instructions a. Prepare a cost of goods manufactured schedule for June 2020 Factory manager's salary b. Prepare an income statement through gross profit for June 2020, assuming net sales are $87,100

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