Prepare a Schedule of Cost of Goods Manufactured, COGS, and an Income Statement for Innovation Ltd.

H1 www - sont pas encore un metrpeel metronor, the tradement and the mountain range. The company own factory NSW where the machephede in Sydney Cho to show them thenge The fo og det refers to fenotion for the year 2021: D3 5 ROL SED HOND O You and for Rwe2021 912.00 prchases of materials 21 22000 ng Y Ruw materials entory 21 December 2011 Work in prox12021 Workinpro, 12021 190.000 the 1.136.100 Fished goods intery, 1 brey 2021 Finished goodsime, 31 December 2021 RR 000 12-14 Direct labour cost incurred 2,000,000 632.100 Other selling and administrative openses Indirect factory about GSR000 Indirected 26,000 396.200 385,000 Depreciation on factory building and equipment Rental of the factory Factory utilities (sadectricity etc.) Insurance on factory and equipment 36,300 60.000 Cound rates applicable to factory 82.000 Income taxpense 62,300 Rental of salesroom 122.000 Depreciation on salezoom equipment 81,000 222222 Cotcode Couto Goode and Moon Statement ferment, Show all working cleafy and logically 5. Please wapbankplece of Aw you you have extreme to access your phone to scan a QR code and upload your answer Certy labelech papewe Student and is in rumber (and subpart if applicable) (for example, Thunstion 7) De twite your meant cheered Report questions Notes 222222 Outline the characteristics and explain the difference between job costing and process conting. Give an example of a business that would likely use a job costing system and an example of a business that would likely use a process costing system. For tien Lid. Identify whether costing process conting or hybrid costing is appropriate and explain the reason why, Ma ABTU R$ 7 DC 222222 Needing ( Aytemple the difference betw and facity levelse OC 7. Repartmestion Mater Question 7 Notes