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Omira Cycle Parts manufactures components for motorcycle and off-road vehicles. The company's administrative and manufacturing operations share the company's only bullding. Eighty percent of the
Omira Cycle Parts manufactures components for motorcycle and off-road vehicles. The company's administrative and manufacturing operations share the company's only bullding. Eighty percent of the building is used for manufacturing. and the remainder is used for administrative activities. Indirect labor is 8 percent of direct labos. As the cost analyst at Omira, you have gathered the following information for the year ended December 31 : Required: 0. Prepare cost of goods manufactured and soid statement b. Ptepare an income statement. Omira Cycle Parts Cost of Goods Manufactured and Sold Statement For the Year Ending December 31 Omira Cycle Parts Income Statement For the Year Ended December 31
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