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Coruscant Company is a brand new company that started operations on November 1, 2019. Coruscant manufactures cold weather clothing. At the end of November, 2019,

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Coruscant Company is a brand new company that started operations on November 1, 2019. Coruscant manufactures cold weather clothing. At the end of November, 2019, the accountant for Coruscant compiled the following information. Item Amount Administrative Expense $22,000 Direct Labor $12,000 Ending Finished Goods $10,000 Ending Raw Materials $27,000 Ending Work-in-Process $7,000 Manufacturing Overhead $8,000 Raw Materials Purchases $60,000 Sales Revenue $138,000 Selling Expense $21,000 Do not enter dollar signs or commas in the input boxes. Do not use the negative sign. a) Prepare a schedule of cost of goods manufactured for November. Coruscant Manufacturing Schedule of Cost of Goods Manufactured For the Month Ended November 30, 2019 Work-in-Process November 1 Direct Materials Beginning raw materials Raw material purchases Raw materials available for use Ending raw materials inventory Direct Materials Requisitioned Direct Labor Total Factory Overhead Ending Work-in-Process Cost of Goods Manufactured b) Prepare an income statement for November. Coruscant Manufacturing Income Statement For the Month Ended November 30, 2019 Sales Revenue Cost of Goods Sold Beginning Finished Goods Cost of Goods Manufactured Ending Finished Goods Gross Profit Operating Expenses Administrative Expense Selling Expense Net Income

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