Hoth company is brand new company that started operations on december 1,2019. Hoth manufactues cold weather clothing.At the end of December, 2019 the accountant for Hoth complied the following information.

Administrative expense 25,000

Direct labor 10,000

ending finished goods 8,000

ending raw materials 20,000

ending work-in -process 7,000

manufacturing overhead 6,000

raw materierls purchases 50,000

sales revenue 120,000

selling expense 30,000

Prepare a schedule of cost of goods manufactured for december?

Prepare an income statement for december?