Advertising expense	$	26,400		Direct labor	$	687,100
Depreciation expenseOffice equipment		10,000		Income taxes expense		272,000
Depreciation expenseSelling equipment		10,500		Indirect labor		58,200
Depreciation expenseFactory equipment		36,500		Miscellaneous production costs		11,100
Factory supervision		130,700		Office salaries expense		61,000
Factory supplies used		9,200		Raw materials purchases		925,000
Factory utilities		38,000		Rent expenseOffice space		28,000
Inventories				Rent expenseSelling space		28,200
Raw materials, December 31, 2014		161,000		Rent expenseFactory building		78,400
Raw materials, December 31, 2015		189,000		Maintenance expenseFactory equipment		37,400
Work in process, December 31, 2014		17,500		Sales		4,495,400
Work in process, December 31, 2015		19,500		Sales salaries expense		395,900
Finished goods, December 31, 2014		169,300
Finished goods, December 31, 2015		141,100

1.

Prepare the companys 2015 schedule of cost of goods manufactured.

2.	Prepare the companys 2015 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.