The following data pertain to the Quintana Manufacturing Company for the year ended December 31, 2005.

Required:

a. Prepare a cost of goods manufactured schedule for 2005.

b. Prepare a cost of goods sold schedule for 2005.

c. Prepare a multiple-step income statement for 2005.

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Sales $1,302,000 Beginning finished goods inventory Ending finished goods inventory Beginning direct material inventory Ending direct material inventory Beginning work-in-process inventory Ending work-in-process inventory 93,000 86,000 45,000 56,000 72,000 77,000 Direct material purchased -370,000 Indirect material used in production 34,000 Depreciation on production equipment 145,000 Depreciation on administrative office equipment 19,000 Factory supplies used 8,000 Depreciation on the factory 96,000 Depreciation on the sales office 34,000 Depreciation on the administrative office 30,000 Sales salaries 122,000 Assembly-line labor cost 240,000 Factory security guard cost 32,000 Factory supervision 48,000