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prepare cost of good manufuctured schedule for 2020 and prepare an income statement for 2020. Question 11 of 14 View Policies Current Attempt in Progress

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Question 11 of 14 View Policies Current Attempt in Progress Axteks Corporation has the following cost records for the year ended December 31, 2020: Indirect factory labour $5,150 Direct materials used 254,800 Work in process (1/1/2020) 31.800 Work in process (12/31/2020) 26,900 Finished goods (1/1/2020) 35,300 Finished goods (12/31/2020) 28,600 Factory utilities 40,200 Depreciation factory equipment 34,400 Direct labour 300,700 Indirect materials 23,000 Factory manager's salary 63.200 Selling and administrative expenses 343.800 Net sales 1.249,000 Question 11 of 14 > -/10 Factory machinery rent 42,700 Prepare a cost of goods manufactured schedule for 2020. Axteks Corporation Cost of Goods Manufactured Year Ended December 31, 2020 16C Mostly sunny A o 21 DL / 10 = Prepare an income statement for 2020. (Enter negative amounts using either a negative sin preceding the number 45 or parentheseses (45) Axteks Corporation Income Statement 16C Mostly sunny A

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