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1. Paragraph (35 points) From the following information for The Derby Company for the year 2021 prepare in good accounting form: A Statement of Cost

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1. Paragraph (35 points) From the following information for The Derby Company for the year 2021 prepare in good accounting form: A Statement of Cost of Goods Manufactured A Statement of Cost of Goods Sold An Income Statement a) b) c) 41 Sales Salaries for the Home Office Work in process, 12/31 Raw materials inventory, 12/31 Direct labor Quality Control & Testing Equipment Indirect Materials plant Insurance office Indirect labor warehouse Raw materials purchased Finished goods inventory, 12/31 Raw materials inventory, 1/1 Finished goods inventory, 1/1 Marketing brochures Work in process, 1/1 Property taxes plant $260,000 15,000 42,000 20,000 17,500 10,000 3,500 8,000 7,000 11,000 42.000 32,500 37,000 7,000 45,000 9,000 Er 3 BTC

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