Information for a factory as of December 31, 2022 follows. Use this information to address the following questions. Show all calculations.

Provide a list of all of the accounts and amounts of period costs included in the schedule below.

Prepare a Statement of Cost of Goods Manufactured for the year ended December 31, 2022. Make sure all information and calculations are clear. List each overhead cost separately in the Statement.

Calculate the Cost of Goods Sold for the year ended December 31, 2022. Make sure all information and calculations are clear.

Administrative salaries expense	$ 135,000
Depreciation expensefactory equipment	52,400
Depreciation expenseoffice equipment	24,800
Advertising expense	22,350
Direct labor	268,000
Factory supplies used	12,000
Indirect labor	35,000
Factory insurance	15,500
Factory utilities	14,000
Factory maintenance	7,500
Inventories:
Raw materials inventory, January 1, 2022	32,000
Raw materials inventory, December 31, 2022	28,000
Work in Process inventory, January 1, 2022	33,780
Work in Process inventory, December 31, 2022	37,460
Finished goods inventory, January 1, 2022	56,970
Finished goods inventory, December 31, 2022	62,000
Raw materials purchases	325,000
Rent expensefactory	50,000
Rent expenseoffice space	24,000
Sales staff salaries expense	97,500