Determine cost of goods sold for the month of june prepare

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Reference no: EM13567058

Peters Manufacturing Company has the following data at June 30, 2013:

Raw Materials Inventory, June 1 $13,800

work in process inventory, june 1 18,100

finsihed goods inventory, june 1 43,500

total manufacturing costs 430,000

sales 590,000

work in process inventory, june 30 30,500

finsihed goods inventory, june 30 65,200

Raw materials inventory, june 30 18,000

(a) Determine cost of goods sold for the month of june

(b) prepare an income statement through gross profit for the month of june

Reference no: EM13567058

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