II. Ending June 30 records for June 30 for ABC Company Revenue 1,600,000 Raw Materials Purchased...

II. Ending June 30 records for June 30 for ABC Company
	Revenue		1,600,000
	Raw Materials Purchased in Month		150,000
	Direct Labor Cost		55,000
	Advertising Expense		25,000
	Rent on Factory		42,000
	Sales Commissions		70,000
	Maintenance Expense on factory Equip.		22,000
	Supplies for the Factory		3,500
	Depreciation on Factory Equipment		35,000
	Indirect labor Cost		50,600
	Utilities Expense for Factory		12,000
	Depreciation on Sales Office Cars		22,000

		Raw Matl	WIP	Finished Goods
	Beginning Inventory	12,000	15,000	35,000
	Ending Inventory	8,000	20,000	40,000

	Prepare the Cost of Goods Manufactured and Cost of goods sold for the month below































	Create an Income Statement for the month (Simple format, include period costs)

Expert Solution

ekkarill92 answered 3 years ago

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