Tart Corporation has the following cost records for June 2017.
Indirect factory labor $ 4,000
Direct materials used 25,000
Work in process, 6/1/17 4,800
Work in process, 6/30/17 2,200
Finished goods, 6/1/17 5,000
Finished goods, 6/30/17 9,500
Factory utilities $ 1,000
Depreciation, factory equipment 1,400
Direct labor 30,000
Maintenance, factory equipment 2,400
Indirect materials 2,000
manager's salary 4,500
(a) Prepare a cost of goods manufactured schedule for June 2017.
(b) Prepare an income statement through gross profit for June 2017 assuming net sales are $85,100.