Download the following template. Review the information for Hamilton Industries in the Excel Template, then:

1. 1. 1.Prepare the 20XX statement of cost of goods manufactured.
   2. 2.Preparethe20XXincomestatement.

TEMPLATE and INFORMATION ATTACHED **DUE DATE THURSDAY- 6/9/2016 @ 3pm** Module 10 Assignment: The following information was available for Hamilton Industries for the year 20XX: Inventories Materials Work in process Finished goods 1-Jan 31-Dec $85,000 $105,000 120,000 105,000 125,000 110,000 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-headquarters Rent expense-factory Sales Sales salaries expense Supplies-factory Miscellaneous cost-factory $75,000 25,000 16,000 205,000 6,500 26,000 135,000 85,000 4,500 15,000 7,500 950,000 150,000 3,500 4,500 Requirements: 1 Prepare the 20XX statement of cost of goods manufactured. Hamilton Industries Statement of Cost of Goods Manufactured For the Year ended December 31, 20XX 2 Prepare the 20XX income statement. Hamilton Industries Income Statement For the Year ended December 31, 20XX ufactured 31, 20XX 31, 20XX