East Ferry Tool \\& Die Statement of Cost of Goods Sold For the Year Ended December 31 (\\$000) \\begin{tabular}{|l|l|l|l|} \\hline & & & \\\\ \\hline Manufacturing costs: & & & \\\\ \\hline Direct materials: & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline Manufacturing overhead: & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline & & & \\\\ \\hline \\end{tabular} East Ferry Tool \\& Die, a manufacturer of parts for agricultural equipment, provides the follo recent fiscal year (all costs are in thousands of dollars): Required: a. Prepare a cost of goods sold statement. b. Prepare an income statement. Loretto Audio produced and sold 762 units of the company's signature (and only) product in November. You have collected following information from the accounting records: Required: a. Compute the following: Note: Round your answers to the nearest whole dollar