Dream Makers Statement of Cost of Goods Manufactured For the Month Ended April 30 Direct materials used Direct labor Factory overhead applied Total manufacturing costs incurred during year Add: Work-in-process inventory, Beginning Total manufacturing costs to account for Less: Work-in-process inventory, Ending Cost of goods manufactured Actual overhead Indirect materials used Indirect labor Factory insurance Factory utilities Depreciation expense--plant Total factory overhead Total applied overhead Overapplied overhead Work-in-Process Finished Goods Cost of Goods Sold Total Balance Relative amount Share of overapplied overhead % % % 0 0.00 % $ 0.00 Dream Makers Income Statement For the Month Ended April 30 Sales revenue Cost of goods sold Gross margin Advertising expense Selling and administrative Total selling & administrative expenses Operating income $ 3,925