Make a cost of goods manufacturedand cost of goods sold section of the income statement. You will be provided with the question and the format you are to follow.

Cost of Goods Manufactured Format Cost of Goods Manufactured Beginning Materials Inventory + Materials Purchased Total Materials available Less Ending Materials Inventory Materials Used Direct Labor Overhead (May be detailed) Total Manufacturing Costs Beginning Work in Process Inventory Total Work In Process Less Work in Process Ending Inventory Cost of Goods Manufactured Income Statement Cost of Goods Sold Beginning Finished Goods Inventory + Cost of Goods Manufactured Goods Available for Sale - Ending Finished Goods Inventory Cost of Goods Sold Du ring September, Hamilton Corp's purchase of direct materials totaled $87,000; direct labor for the month was 2,200 hours at $11.75 per hour. Hamilton also incurred the following overhead costs: utilities, 5 3,975, supervision, 10,000, indirect materials, 3,885, depreciation, 4,500, insurance 3,470 and miscellaneous 1,700. Beginning inventory accounts were as follows: Materials Inventory, 27,600, Work in Process Inventory, 35,250, and Finished Goods Inventory $29,500. Ending inventory as follows: Materials Inventory, 30,500, Work in Process Inventory, 29,500, and Finished Goods Inventory $27,950. Prepare a statement of cost of goods manufactured and the cost of goods sold section of the income statement