11.28 2018 LAST EXAMINATION, BUS 212 FALL 2018 1. Prepare a manufacturing schedule and a multiple step income statement using the cost data of James Jones during the month of June, 2015 $400,000 Direct Labor Materials purchased during the month of June, 2015300,000 Material purchases returns Material Purchases Discount Materials Transportation In $1,000 $600 $700 $250,000 Materials, June 1 Work-in process, June 1 Materials June 30, end of month Work-in process, June 30 Finished goods inventory, June1 $140,000 $170,000 $160,000 $100,000 Finished goods inventory, June 30 $115,000 Sales Commission $5,000 Advertising expense $10,000 $20,000 Administrative Expenses Sales Sales Returns and Allowances Sales Discount $3,000,000 $150,000 $40,000 Transportation-out Indirect Labor Cost Factory machinery depreciation Factory heat, light, and power Factory supplies $25,000 $40,000 $30,000 $7,000 $6,000 $6,500 Factory building property taxes Factory miscellaneous expenses Interest Income Gain on Sale of Furniture Loss on Sale of Equipment $11,000 $2,500 $1,500 $ 500