Cost of Goods sold Income Statement Te followin data pertain to Babor Company for the fiscal year ended December 31 Prior December 31 Current December 31 Purchases of direct materials $165,000 Direct labor 114,000 Indirect labor 45,000 Factory insurance 8,000 Depreciation factory 33,000 Repairs and maintenance factory 11,000 Marketing expenses 144,000 General and administrative expenses 86,000 Direct materials inventory $23,000 55,000 Work in process inventory 13,000 16,000 Finished goods inventory 17,000 24,000 Sales in the current year were $625,000 Required Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company smilar to those in Exhibit 3 15A

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Cost of Goods sold  Income Statement  Te followin data pertain to Babor Company for the fiscal year ended December 31  Prior December 31 Current December 31 Purchases of direct materials $165,000 Direct labor 114,000 Indirect labor 45,000 Factory insurance 8,000 Depreciation factory 33,000 Repairs and maintenance factory 11,000 Marketing expenses 144,000 General and administrative expenses 86,000 Direct materials inventory $23,000 55,000 Work in process inventory 13,000 16,000 Finished goods inventory 17,000 24,000 Sales in the current year were $625,000 Required Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company smilar to those in Exhibit 3 15A

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Cost of Goods sold; Income Statement. Te followin data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Current December

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Cost of Goods sold; Income Statement. Te followin data pertain to Babor Company
for the fiscal year ended December 31:

		Prior December 31	Current December 31
Purchases of direct materials			$165,000
Direct labor			114,000
Indirect labor			45,000
Factory insurance			8,000
Depreciation-factory			33,000
Repairs and maintenance-factory			11,000
Marketing expenses			144,000
General and administrative expenses			86,000
Direct materials inventory		$23,000	55,000
Work-in-process inventory		13,000	16,000
Finished goods inventory		17,000	24,000

Sales in the current year were $625,000
Required	Prepare a schedule of cost of goods manufactured and an income statement for the current year
for Babor Company smilar to those in Exhibit 3.15A