i need it to be answered as soon as possible please with explanations (in details for every step and every question)
1. Calculate the Cost of Goods Manufactured and the Cost of Goods Sold. 2. Complete the attached Income Statement 3. Complete the attached Retained Earnings Statement. 4. Complete the attached Balance Sheet. 5. Answers the Questions XY&Z Corporation Trial Balance January 31, 20XX Dr. Cr. Cash 2,770 Accounts Receivable Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Equipment Accumulated Depreciation Accounts Payable Wages Payable Common Stock 440,800 7,800 ? (c) 25,000 359.000 29,150 147,000 111,950 10,000 189,600 301,500 425,800 PIC in Excess of Par Retained Earnings Sales Cost of Goods Sold Administrative expenses Selling expenses 272,030 65,300 25,700 1,215,000 1,215,000 Inventory balances on January 1: Finished Goods Inventory Raw Materials Inventory ? (d) 10,000 7290 Work in Process Inventory Additional Information: Direct labor used 86,150 128,500 ? (b) ? (e) 8,700 ? (a) Direct materials used Factory overhead applied Indirect labor used Indirect materials used Materials purchased Other indirect costs 32,230 Ew the trial balance and additienal information te emplete the schedle belem. Schedule of Cont ef Goods Manutactured Cestof Materials trd Matorials lvenory, January Cot of merih valae fr Less Matstiela Innten Jar Cot of miu ed START HERE Cent ef Geods Manfactured Work aces levety, Juary Dreit mias Di lar Factery ovehcad applied T lactg cs 2775 A Tol et ef wok in pre Cot of pods manudactred Cut of Gends S Finished Gd Iven AM Conefged Masast y Cotof p lable le Les Enishel Geodleor, Ja Cotof g M Factery Cherbead: Idimet materials ed Indivet labor uned Oertad ces in Toal vehead incmed Oeotles What amount ed sou cakulate fer Cont of Goods Sel What is te am fe Cest of Good Sald Whatthe amout of ditioreneet Whati de a 4. e dlvene bewoen tackory overhead incrod and faury ovahead applied Ethe triat balanete eplete the feancial statements Ince Stateet For the Month Ended Janarn 31, Sales Cest ef p old Gros pe Opetingee: Seling es Admin eps Tl opeingespees Net incme XYAZCompan Retained Earnina Statement For the Mon d Jaary 3, XX Renod ng, Jaary 1, 20X Net Inco Retained Engs, aary 31 2 XYAZ Company Balaner Sheet Janary 31, 1AX Anehs Cab Accounts Ronivabl entees el curt ae Lew Acc d threition Tetal Ase LisbiteA Steckhelder Equit Wages Payle Total L e Seckhelds Eqaity Paid-in can harp thorieed Cemmon SLSpde PadCa i Ee-Comne Total pain capi Reenel ngs Tetal lhi d dersogty