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Information from records of Bridgeview Manufacturing Company for August 2017. Sales $315,000 Selling and Administrative Expenses $127,000 Purchase of Raw Materials $45,000 Direct Labor $30,000

Information from records of Bridgeview Manufacturing Company for August 2017.

Sales $315,000
Selling and Administrative Expenses $127,000
Purchase of Raw Materials $45,000
Direct Labor $30,000
Manufacturing Overhead $55,000

Inventories January 01 December 31
Raw materials $8,000 $5,000
Work in Process $14,000 $11,000
Finished Goods $15,000 $19,000

Prepare Cost Statement and Income Statement for the year for Bridgeview Manufacturing Company.

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