2 3.75 Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interviews summer internat Mess, the cost accountant provides you with the following crious) data for the year in Sooo Invertory information 1/1/ 12/31/ Direct materials $ 59 work in process BB Finished goods 991 1,212 $ 52 72 Other Information Administrative costs Depreciation (Factory Depreciation Machines) Direct labor Direct materials purchased Indirect labor (Factory) Indirect materials (Factory) Property taxes (Factory) Selling costs Sales utilities (Factory) For the year 'ce $ 2,50 2.900 4,6 6.900 5.11 1.710 5.20 225 1,110 32,110 50 Palere Required: 1. Prepare a cost of goods sold statement 2. Prepare an Income statement Complete this question by entering your answers in the tabs below. LOOS Sim Income simt Prepare a cost of goods sold statement. (Enter your answers in thousands of dollars (.e., 234,000 should be entered as 234).) MEBA DESIGNS statement of Cost of Goods Sold For the Year Ended December 31 (8000 Manufacturing costs Direct materials: Manufacturing overhead Total manufacturing overhead Total manufacturing costs Total cost of work-in-process during the year Costs of goods manufactured during the year Cost of goods sold COON Income att > 2 3.75 ginta Mesa Designs produces a variety of hardware products, primarily for the do-ityourself (DIY) market. As part of your job interviews summer intern st Mesa, the cost accountant provides you with the following ricetos) dsta for the year in Soon Inventory information 1/1/ 12/31/00 Direct materials $ 52 $ 59 work-in-process BB 72 Finished goods 991 1,212 Other information Administrative costs Depreciation (Factory) Depreciation Machines) Direct te waterials purchased Indirect labor (Factory) Indirect materials (Factory) Property taxes (Factory) Selling costs Sales revenue utilities (Factory) For the year o $ 2,500 2,00 4,6 6.900 5.190 1.710 520 2015 Rate 32.110 570 Required: 1. Prepare a cost of goods sold statement 2. Prepare an income statement Complete this question by entering your answers in the tabs below. LOGS Sim Income Sim Prepare an income statement. (Enter your answers in thousands of dollars (.e., 234,000 should be entered as 234).) NEBA DESIGN Income Statement For the Year Ended December 31 18000) Total selling and administrative costs 2 3.75 ginta Mesa Designs produces a variety of hardware products, primarily for the do-ityourself (DIY) market. As part of your job interviews summer intern st Mesa, the cost accountant provides you with the following ricetos) dsta for the year in Soon Inventory information 1/1/ 12/31/00 Direct materials $ 52 $ 59 work-in-process BB 72 Finished goods 991 1,212 Other information Administrative costs Depreciation (Factory) Depreciation Machines) Direct te waterials purchased Indirect labor (Factory) Indirect materials (Factory) Property taxes (Factory) Selling costs Sales revenue utilities (Factory) For the year o $ 2,500 2,00 4,6 6.900 5.190 1.710 520 2015 Rate 32.110 570 Required: 1. Prepare a cost of goods sold statement 2. Prepare an income statement Complete this question by entering your answers in the tabs below. LOGS Sim Income Sim Prepare an income statement. (Enter your answers in thousands of dollars (.e., 234,000 should be entered as 234).) NEBA DESIGN Income Statement For the Year Ended December 31 18000) Total selling and administrative costs