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Question 3 of 5 View Policies Show Attempt History Current Attempt in Progress Marigold Corporation...

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Accounting

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Question 3 of 5 View Policies Show Attempt History Current Attempt in Progress Marigold Corporation has the following cost records for June 2022. $4,300 $370 18,800 Factory utilities Depreciation, factory equipment Direct labor 1,310 2,820 37,600 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 3,560 Maintenance, factory equipment 1,680 4,700 2,150 Indirect materials Factory manager's salary 7,050 2,820 Prepare an income statement through gross profit for June 2022 assuming sales revenue is $86,300. MARIGOLD CORPORATION Income Statement (Partial) For the Year Ended June 30, 2022 Sales Revenge 86,300 $ Less :: Cost of Goods Manufactured . 68290

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