1. Prepare the Cost of Goods Manufactured and Cost of goods sold for the month below

2. Create an Income Statement for the month (Simple format, include period costs)

Ending June 30 records for June 30 for ABC Company Revenue Raw Materials Purchased in Month Direct Labor Cost Advertising Expense Rent on Factory Sales Commissions Maintenance Expense on factory Equip. Supplies for the Factory Depreciation on Factory Equipment Indirect labor Cost Utilities Expense for Factory Depreciation on Sales Office Cars 2,000,000 150,000 40,000 30,000 36,000 60,000 10,000 7,500 25,000 40,500 15,000 25,000 Beginning Inventory Ending Inventory Raw Mati 15,000 20,000 Work in Process 25,000 10,000 Finished Goods 30,000 10,000