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Please fill out a cost of goods sold manufactured sheet AND an income statement sheet thanks 16. Information for Jersey Metalworks as of December 31

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Please fill out a cost of goods sold manufactured sheet AND an income statement sheet

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16. Information for Jersey Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured for the year ended December 31; (b) prepare the company's income statement that reports separate categories for selling and general and administrative expenses. $ 135,000 52,400 36,200 124,800 22,350 268,000 12,000 191,500 42,000 24,000 16,500 (14,000 7,500 Administrative salaries expense Depreciation expense-Factory equipment Depreciation expense-Delivery vehicles Depreciation expense-Office equipment Advertising expense Direct labor Factory supplies used Income taxes expense Indirect labor Indirect material Factory insurance Factory utilities Factory maintenance Inventories Raw materials inventory, January 1 Raw materials inventory, December 31 Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 Raw materials purchases Rent expense-Factory Rent expense-Office space Rent expense-Selling Space Sales salaries expense Sales Sales discounts 32,000 26,000 33,780 37,460 56,970 62,000 345,400 150,000 124,000 24,000 97,500 1,552,000 33,000

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