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please help me fill out the income statement! Munoz Manufacturing Corporation was started with the issuance of common stock for $65,000. It purchased $7700 of

please help me fill out the income statement!
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Munoz Manufacturing Corporation was started with the issuance of common stock for $65,000. It purchased $7700 of raw materials and worked on three job orders during Year 1 for which data follow. (Assume that all transactions are for cash unless otherwise indicated) Direct Raw Direct Materials Used Labor Job 1 $1,300 $2,200 Job 2 2,100 3,900 Job 3,200 1.900 Total 36,800 $8,000 Factory overhead is applied using a predetermined overhead rate of $0.60 per direct labor dollar Jobs 2 and 's were completed during the period and Job 3 was sold for $10,440 cash. Munoz paid $400 for selling and administrative expenses. Actual factory overhead was $5,200 Required a. Record the preceding events in a horizontal statements model. The first event for Year 1 has been recorded as an example, c. Record the closing entry for over or underapplied manufacturing overhead in the horizontal statements model, assuming that the amount is insignificant d. Prepare a schedule of cost of goods manufactured and sold, an income statement, and a balance sheet for Year 1. d. Prepare a sc Complete this question by entering your answers in the 1 Reg D CGM Sched Reg D Inc Stmt Req D Bal Sheet Req A and C Prepare an income statement for Year 1. MUNOZ MANUFACTURING CORPORATION Income Statement for Year 1 es O $ 0

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