Question 1: Data about Company A is given below: Direct Material Inventory, January 1, 2015 100.000 WIP Inventory, January 1, 2015 300.000 Finished Goods Inventory, January 1, 2015 200.000 Sales Revenue 6.500.000 Rent Revenue 130.000 Interest Expense 100.000 Direct Material Purchase 750.000 Utilities Expense of Manufacturing 300.000 Sales discount 25.000 Depreciation Expense of Manufacturing Plant 800.000 Repair and Maintenance Expense of Marketing Department 160.000 Indirect Labor 300.000 Utilities Expense of Marketing Department 600.000 Indirect Material 140.000 Dividend Revenue 100.000 Supplies Expense of Manufacturing Department 80.000 Sales return 15.000 Tax Expense %20 Direct Labor Expense 900.000 Direct Material Inventory, December 31, 2015 150.000 WIP Inventory, December 31, 2015 200.000 Finished Goods Inventory, December 31, 2015 300.000 Required: Prepare a Cost of Goods Manufactured/Sold Statement and an Income Statement of Company A for the year 2015