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Income statement Crowley Inc., submits the following data for September Direct labor cost, $30,000 Cost of goods sold, $111,000 Factory overhead is applied at the

Income statement Crowley Inc., submits the following data for September Direct labor cost, $30,000 Cost of goods sold, $111,000 Factory overhead is applied at the rate of 150% of direct labor cost Inventory accounts showed these beginning and ending balances: September 1 September 30 Finished goods.... $15,000 $17,500 Work in process.. 9,600 13,000 Materials. 7,000 7,400 Other data: Marketing expenses $ 14,100 General and administrative expenses 22,000 Sales for the month 182,000 Required:An income statement with schedule showing cost of goods manufactured and sold

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