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following information appears in Alexis Company '3 records for last year: Administrative costs ................... 3 38M Manufacturing building depreciation ......... 54m indirect materials and supplies
following information appears in Alexis Company '3 records for last year: Administrative costs ................... 3 38M Manufacturing building depreciation ......... 54m indirect materials and supplies ............ 12,500 Sales commissions .................... 30,400 Direct materials inventory. January 1 ........ 30,01!) Direct labor. .' ...... _ ., ................ 11200 Direct materials inventory. December 31 ...... 30,!!!) Finished goods inventory, January 1 ......... 21,01!) Finished goods inventory. December 31 ....... 18,000 Direct materials purchases ............... .300 Work in process inventory. December 31 ...... 20,200 Supervisory and indirect labor .......... '. . . 2am Property taxes. manufacturing plant ......... 10.01!) Plant utilities and power ................ 41,000 Work in process inventory. January 1 ...... . . 30\" Sales revenue ....................... 4120.000 Prepare an income statement with a supporting cost of goods sold statement
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