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Carter Ltd. reports the following for year end December 31, 2019.Prepare a statement of comprehensive income and a cost of goods manufactured schedule: Work in

Carter Ltd. reports the following for year end December 31, 2019.Prepare a statement of comprehensive income and a cost of goods manufactured schedule:

Work in process, January 1, 2019

$12,000

Work in process, December 31, 2019

$310,000

Revenues

$115,000

Purchase of direct materials

$13,500

Plant utilities

$26,000

Plant supplies used

$12,000

Plant supervisory salaries

$65,000

Miscellaneous plant overhead

$37,000

Marketing, distribution, and customer-service costs

$40,000

Indirect manufacturing labour

$27,000

Finished goods, January 1, 2019

$15,000

Finished goods, December 31, 2019

$11,000

Direct materials, January 1, 2019

$20,000

Direct materials, December 31, 2019

$9,000

Direct Manufacturing labour

$65,000

Depreciation-plant, building and equipment

$90,000

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