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Depreciation expenseadministrative office $ 34,450 Depreciation expenseplant and equipment 89,500 Direct laborwages 514,800 Materials Inventory, Dec. 31 31,250 Materials Inventory, Jan. 1 22,500 Direct materials
Depreciation expenseadministrative office | $ | 34,450 | |
Depreciation expenseplant and equipment | 89,500 | ||
Direct laborwages | 514,800 | ||
Materials Inventory, Dec. 31 | 31,250 | ||
Materials Inventory, Jan. 1 | 22,500 | ||
Direct materials purchases | 172,500 | ||
Finished goods inventory, Dec. 31 | 24,400 | ||
Finished goods inventory, Jan. 1 | 15,700 | ||
Heat, light, and powerplant | 46,100 | ||
Indirect labor | 26,400 | ||
Property taxesplant | 35,750 | ||
Sales representatives salaries | 148,500 | ||
Sales revenue | 1,566,000 | ||
Factory supervisors salary | 67,050 | ||
Suppliesadministrative office | 17,400 | ||
Suppliesplant | 29,700 | ||
Work-in-process inventory, Dec. 31 | 10,400 | ||
Work-in-process inventory, Jan. 1 | 24,750 |
Can you help me write a statement of cost of Goods Manufactured and an income statement? Both for year ending Dec 31st
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