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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Peters Manufacturing Company has the following data at June 30, 2016: Raw materials inventory, June $13,800 Work in process inventory, June 1 18,100 Finished goods inventory, June 1 43,500 Total manufacturing costs 430,000 Sales 580,000 Work in process inventory, June 30 30,400 Finished goods inventory, June 30 55,200 Raw materials inventory, June 30 18,000 Instructions: (a) Prepare an income statement through gross profit for the month of June. (b) Indicate the balance sheet presentation of the June 30 inventories.
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