B9 fe 140000 A B 1 ACC255 2 Dr. Kwiatkowski 3 Fall 2020 4 COGM schedule Assignment 6 The following information is for the Central Manufacturing Co. for 2019 7 9 Selling expenses $ 140,000 10 Raw material inventory, Jan 1 90,000 11 Raw material inventory, Dec 31 60,000 12 Factory utilities 36,000 13 Direct labor 150,000 14 Factory depreciation 162,000 15. Purchases of raw materials 750,000 16 Sales 2,500,000 17 Factory insurance 40,000 18 Factory supplies 15,000 19 Administrative expenses 270,000 20 Indirect factory labor 300,000 21 Factory maintenance 87,000 22 Work in process inventory,Jan 1 180,000 23 Work in process inventory, Dec 31 100,000 24 Finished goods inventory, Jan 1 260,000 25 Finished goodsinventory, Dec 31 210,000 26 27 1. Prepare a schedule of cost of goods manufactured 28 2. Compute the cost of goods sold 29 3. Prepare the income statement for 2019 30 12 Sheet