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From the given information fill in the income statement on the last photo. thanks! Prepare an income statement through gross profit. METLOCK COMPANY Income Statement

From the given information fill in the income statement on the last photo. thanks!

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Prepare an income statement through gross profit. METLOCK COMPANY Income Statement (Partial) VThe following data were taken from the records of Metlock Company for the fiscal year ended June 30, 2022. Raw Materials Inventory 7/1/21 $53,000 Accounts Receivable $32,700 Raw Materials Inventory 6/30/22 48.400 Factory Insurance 4,800 Finished Goods Inventory 7/1/21 97.400 Factory Machinery Depreciation 18,600 Finished Goods Inventory 6/30/22 23.100 Factory Utilities 30,500 Work in Process Inventory 7/1/21 28.000 Office Utilities Expense 8,750 Work in Process Inventory 6/30/22 27,100 Sales Revenue 563,100 Direct Labor 143,150 Sales Discounts 5,000 Indirect Labor 25,760 Factory Manager's Salary 64,200 Factory Property Taxes 9.610 Factory Repairs 1,700 Raw Materials Purchases 97,000 Cash 41,000Metlock Company Cost of Goods Manufactured Schedule For the fiscal Year ended June 30,2022 Particulars Amount Amount Amount Work in Progress 7/1/21 (Z) $28,000 Direct Material Raw Material Inventory 7/1/21 (A) $53,000 Raw Material Purchase (B) $97,000 Total Raw Material Available for use (C=A+B) $150,000 Less: Raw Material Inventory 6/30/22 (D) $48,400 Direct Raw material Used (E=C-D) $101,600 Direct Labour (F) $143,150 Manufacturing Overhead Indirect Labour (G) 25,760 Factory Insurance (H) 4,800 Factory Machine Depreciation (1) 18,600 Factory Utilities (J) 30,500 Factory Managers Salary (K) 64,200 Factory property Taxes (L ) 9,610 Factory Repairs (M) 1,700 Total Manufacturing Overheads (N=G+H+1+J+K+L+M) $155,170 Total Manufacturing costs (0=E+F+N) $399,920 Total Cost of Work in process Inventory (P=0+Z) $427,920 Less: Work in process inventory 6/30/22 (Q) $27,100 Cost of Goods Manufactured (R=P-Q) $400,820

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