3 10 points Skipped eBook Print References Margaret Rosenthal, accountant for Russell Manufacturing Company, prepared the following income statement for the quarter ending December 31, 2022. Sales Purchases of materials (1) Payroll (2) Advertising Administrative travel Manufacturing utilities Facility rental (3) Depreciation (4) Sales commissions Annual insurance (manufacturing) Office utilities Management salaries (5) Net income Notes: (1) 80% of the materials were direct (2) 70% direct labour; 30% indirect labour (3) 80% related to manufacturing (4) 75% related to manufacturing (5) 30% related to manufacturing $1,428,100 251,690 268,700 38,100 28,700 51,600 85,000 65,700 52,000 51,000 23,500 399,000 113, 110 $ 4 Furthermore, Rosenthal compiled the following information with respect to inventories for the quarter (note that the company does not maintain inventories of indirect materials).

Margaret Rosenthal, accountant for Russell Manufacturing Company, prepared the following income statement for the quarter ending December 31, 2022 Notes: (1) 80% of the materlals were direct (2) 70% direct labour, 30% indirect labour (5) 80% related to manufacturing (4) 75% related to manutacturing (5) 300 reloted to manufacturing Furthermore, Rosenthal compled the following information with respect to inventorles for the quarter (hote that the compary does not maintain invertories of indirect materiais) Margaret Rosenthal, accountant for Russell Manufacturing Company, prepared the following income statement for the quarter ending December 31, 2022 Notes: (1) 80% of the materlals were direct (2) 70% direct labour, 30% indirect labour (5) 80% related to manufacturing (4) 75% related to manutacturing (5) 300 reloted to manufacturing Furthermore, Rosenthal compled the following information with respect to inventorles for the quarter (hote that the compary does not maintain invertories of indirect materiais)