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complete the income statement with the information provided agagenow.com/ilm/take Assignment/takeAssignmentMain.do?invokerStake As... @ Not syncir eBook Show Me How Instructions The following information is available for

complete the income statement with the information provided image text in transcribed
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agagenow.com/ilm/take Assignment/takeAssignmentMain.do?invokerStake As... @ Not syncir eBook Show Me How Instructions The following information is available for Robstown Corporation for 2018 bed December 31 Inventories Materials January 1 $79,900 109,800 $93,850 95.500 Work in process Finished goods 113,750 109,000 December 31 $ 68,200 21,000 14.780 180,800 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-office building Rent expense-factory 5,650 24,700 123,600 74.900 4,000 13.800 6,550 Sales 362,500 Sales salaries expense Supplies-factory Miscellaneous costs-factory 138,500 2,750 5,120 Required: a. Prepare the 2018 statement of cost of goods manufactured Be sure to complete the statement heading Roler to the ist of Labels and Amount Descriptione provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a mission b. Prepare the 20Y6 income statement Be sure to complete the statement reading. Refer to the best of Labets and Amount Descriptions provided for the exact wording of the answer choices for text entries Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount For example Nefloss should be negative Expenses should be positive Labels and Amount Descriptions Labels For the Year Ended December 31, 2018 For the Month Ended December 31, 2018 Amount Descriptions 1 fer to the ist of Labels and Ame kumbers unless the amount is ve LETA. GO GO

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