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o You skloped this questioni Serial Problem Business Solutions LO C2, C4, P1, P2 Santana Rey, owner of Business Solutions, decides to diversify her business

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o You skloped this questioni Serial Problem Business Solutions LO C2, C4, P1, P2 Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture Required: 1. Classify the following manufacturing costs of Business Solutions as (a) vanable or fixed and (b) direct or indirect 2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31 2020 Assume the following manufacturing costs Direct materials: $2700 Factory overhead $490 Direct labor $1.000 Beginning work in process none (December 31, 2019) Ending work in process: $550 January 31, 2020) Beginning finished goods Inventory none (December 31, 2019) Ending finished goods inventory $330 January 31 2020 3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31 2020 Complete this question by entering your answers in the tabs below. Required i Required 2 Required a Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2020. BUSINESS SOLUTIONS Partial income Statement For Month Ended January 31, 2020 Cost of goods sold 0 Goods avatable for sale 5 0 Cost of goods sold

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