Mesa Designs produces a variety of hardware products, primarily for the do it yourself (DIY) market As part of your job interview as a summer intern at Mesa, the cost accountant provides you with the following (fictitious) data for the year (in $000) Inventory information 1 1 00 12 31 00 Direct materials $ 52 $ 59 Work in process 80 72 Finished goods 991 1,017 Other information For the year 00 Administrative costs $ 2,500 Depreciation (Factory) 2,980 Depreciation (Machines) 4,660 Direct labor 6,900 Direct materials purchased 5,190 Indirect labor (Factory) 1,710 Indirect materials (Factory) 520 Property taxes (Factory) 205 Selling costs 1,110 Sales revenue 32,110 Utilities (Factory) 570 Required Prepare the income statement with a supporting cost of goods sold statement (Enter your answers in thousands of dollars (i e , 234,000 should be entered as 234) )

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Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a summer intern at

Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a summer intern at Mesa, the cost accountant provides you with the following (fictitious) data for the year (in $000):

Inventory information:	1/1/00		12/31/00
Direct materials	$	52	$	59
Work-in-process		80		72
Finished goods		991		1,017

Other information:	For the year 00
Administrative costs	$	2,500
Depreciation (Factory)		2,980
Depreciation (Machines)		4,660
Direct labor		6,900
Direct materials purchased		5,190
Indirect labor (Factory)		1,710
Indirect materials (Factory)		520
Property taxes (Factory)		205
Selling costs		1,110
Sales revenue		32,110
Utilities (Factory)		570

Required:

Prepare the income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234).)