ish Brothers Corporation has the following ndirect factory labor Direct materials used $4,300 Factory stities 18.800 Depreciation factory equipment $370 1.310 37,600

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter10: Accounting Systems For Manufacturing Operations
Section: Chapter Questions
Problem 10.11E
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11/
र्ह
Splish Brothers Corporation has the following cost records for June 2022.
Indirect factory labor
Direct materials used
Work in process, 6/1/22
Work in process, 6/30/22
Finished goods, 6/1/22
Finished goods, 6/30/22
Factory utilities
$4,300
18.800
Depreciation factory equipment
2,820 Direct labor
3.560 Maintenance. factory equipment
4.700 Indirect materials used
7,050 Factory manager's salary
SPLISH BROTHERS CORPORATION
Cost of Goods Manufactured Schedule
$370
1.310
37,600
1,680
2.150
2,820
Prepare an income statement through gross profit for June 2022 assuming sales revenue is $86,300
SPLISH BROTHERS CORPORATION
Income Statement (Partial)
Transcribed Image Text:11/ र्ह Splish Brothers Corporation has the following cost records for June 2022. Indirect factory labor Direct materials used Work in process, 6/1/22 Work in process, 6/30/22 Finished goods, 6/1/22 Finished goods, 6/30/22 Factory utilities $4,300 18.800 Depreciation factory equipment 2,820 Direct labor 3.560 Maintenance. factory equipment 4.700 Indirect materials used 7,050 Factory manager's salary SPLISH BROTHERS CORPORATION Cost of Goods Manufactured Schedule $370 1.310 37,600 1,680 2.150 2,820 Prepare an income statement through gross profit for June 2022 assuming sales revenue is $86,300 SPLISH BROTHERS CORPORATION Income Statement (Partial)
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