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I need some help completing this process costing sheet. Thank you! Projected Income Statement Current Assets Cash Accounts Receivable $34,710.0067,500.00 Inventory Raw Material Lamp Kits

I need some help completing this process costing sheet. Thank you!image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Projected Income Statement Current Assets Cash Accounts Receivable $34,710.0067,500.00 Inventory Raw Material Lamp Kits @ $16.00 @) $30.00 Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets \begin{tabular}{rr} $20,000.00 & \\ 6,800.00 & \\ 13,200.00 \\ & $213,410.00 \\ \hline \hline \end{tabular} Current Liabilities Accounts Payable Total Liabilities $$54,000.0054,000.00 Stockholder's Equity Common Stock Retained Earnings $12,000.00147,410.00 Total Stockholder's Equity Total Liabilities and Stockholder's Equity 159,410.00$213.410.00 Goods in-process as of January 1 were 2,800 figurines at a cost of $49,840.00. Of this amount, $44,800.00 was from aw materials added, $3,360.00 for labor and $1,680.00 for overhead. These 2,800 figurines were assumed to be 50.00% complete as to labor and overhead. During January, 24,500 units were started, $394,205.00 of materials and $38,640.00 of labor costs were incurred. The 7,000 figurines that were in-process at the end of January were assumed to be 10.00% complete to abor and overhead. All figurines in January passed inspection. 2.06} 12.07} {12.08} {12.09} {12.10} {12.11} {12.13}

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