How do you make the 20Y8 statement of cost of goods manufactured?? Be sure to complete the statement heading

How do you make the 20Y8 income statement??

Be sure to complete the statement heading.

Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive.

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9:16 1 v2.cengagenow.com Chapter 15 Statement of cost of goods manufactured and income statement for a manufacturing company Instructions v Instructions The following information is available for Robstown Corporation for 20Y8: Inventories January December 31 Materials $349,000 $435,600 Work in process 630,200 593,000 Finished goods 606,400 570,000 December 31 Advertising expense $ 294,400 Depreciation expense-office equipment 42,480 Depreciation expense-factory equipment 55,700 Direct labor 668,400 Heat, light, and power-factory 22,240 Indirect labor 76,250 Materials purchased 659,000 Office salaries expense 183,700 Property taxes-factory 17.400 Property taxes-office building 32,200 Rent expense-factory 32,300 Sales 3,008,000 Sales salaries expense 416,000 Supplies-factory 15,200 Miscellaneous costs-factory 10,000 Required: a. Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. b. Prepare the 20Y8 income statement. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive. + 2