Problem #8 (30 points) Based on the following information, prepare a Schedule of Cost of Goods...

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Problem #8 (30 points) Based on the following information, prepare a Schedule of Cost of Goods Manufactured and Income Statement for Junaluska Company for the year ended December 31, 2024 Beginning Work-in-Process Inventory, Jan. 1 Ending Work-in-Process Inventory, Dec. 31 Beginning Finished Goods Inventory, Jan. 1 Ending Finished Goods Inventory, Dec. 31 Net Sales Revenue Selling and Administrative Expenses Direct Labor Rent Expenses Office Manufacturing Equipment Depreciation Plant Supervisor Salary Plant Insurance CEO salary Direct Materials Used Indirect Labor Delivery Truck Depreciation Expenses Income Tax Expense For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Arial 10pt > $60,000 40,000 50,000 20,000 1,800,000 120,000 300,000 150,000 200,000 100,000 50,000 200,000 200,000 50,000 30,000 70,000 Tx BIUS Paragraph Work In process inventory. Direct materials: Materials invetory jan 1. Problem #8 (30 points) Based on the following information, prepare a Schedule of Cost of Goods Manufactured and Income Statement for Junaluska Company for the year ended December 31, 2024 Beginning Work-in-Process Inventory, Jan. 1 Ending Work-in-Process Inventory, Dec. 31 Beginning Finished Goods Inventory, Jan. 1 Ending Finished Goods Inventory, Dec. 31 Net Sales Revenue Selling and Administrative Expenses Direct Labor Rent Expenses Office Manufacturing Equipment Depreciation Plant Supervisor Salary Plant Insurance CEO salary Direct Materials Used Indirect Labor Delivery Truck Depreciation Expenses Income Tax Expense For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Arial 10pt > $60,000 40,000 50,000 20,000 1,800,000 120,000 300,000 150,000 200,000 100,000 50,000 200,000 200,000 50,000 30,000 70,000 Tx BIUS Paragraph Work In process inventory. Direct materials: Materials invetory jan 1.