Required:
	a. Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
A. Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. B.Prepare the 20Y8 income statement. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be neg

Prepare the 20Y8 statement of cost of goods manufactured. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Prepare the 20Y8 income statement. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount. For example: Net loss should be negative. Expenses should be positive.

eBook Show Me How Statement of cost of goods manufactured and income statement for a manufacturing co Labels and Amount Descriptions Statement of Cost of Goods Manui Instructions The following information is available for Robstown Corporation for 2048 December 31 January 1 577.250 $93.600 Inventories Materials Work in process Finished goods 108,800 96,700 112 500 108.400 December 31 557 800 23.000 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor Heat, light, and power-factory 14 500 186.100 5.550 Indirect labor 23.800 123.800 78,300 4.145 Materials purchased Office salaries expense Property taxes-factory Property taxes office building Rent expense factory Sales 13.800 6.550 351.500 Sales salaries expense 138.500 4750 Supplies-factory Miscellaneous costs-actory 4.420 December 31 Advertising expense $ 67,800 Depreciation expense office equipment 23,000 Depreciation expense-factory equipment 14.500 Dired labor 186.100 5.550 23,800 123,800 78,300 4,145 Heat, light, and power-factory Indired labor Materials purchased Oflice salaries expense Property taves-actory Property taxes office building Rent expense tactory Sales Sales salaries expense Supplies tactory Mescellaneous costs-factory 13.800 6.550 861 500 138.500 4.750 4420 Required: a. Prepare the 20Ya statement of cost of goods manufactured. Be sure to complete the statement reading. Refer to the ast of Labels and Amount Description provided for the exact wording of the answer choices for text entries. For those boxes in which you must entor subtracted or negative numbers use a mnus an Prepare the 20 Y8 income statement. Be sure to complete the statement hedding Refer to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries Enter amounts as positive numbers unless the amount ara calculation that results in negative amount For example Netloss should be negative Expenses arould be posve Instructions Statement of Cost of Goods Manufactured Score: 117/192 Robstown Corporation Statement of Cost of Goods Manufactured For the Year Ended December 31, 2048 + Work in process inventory January 1, 2018 Direct materials Materials inventorc lansary 1, 2018 Purchases 5 Cost of materials available for use . Materials inventory December 31, 2018 + Cost of direct materials used in production Direct labor * Factory overtread: 10 Depreciation expense-factory equipment 11 Heat light and power factory 13 Indirect labor 11 Property taxes factory Rent expensie-factory 23 Supplies factory 1 Miscellaneous costs-factory 23 Total factory overhead 13 Total manufacturing costs incurred in 2008 Total manufacturing costs 3 Work in process inventory, December 31, 2045 14 Statement of Cost of Goods Manufactured Materials inventory, December 31, 2048 6 1 Cost of direct materials used in production 1 Direct labor Factory overhead: 20 Depreciation expense factory equipment Heat light, and power-Factory 11 12 Indirect labor 14 17 Property taxes-factory Rent expense factory 15 Supplies-factory 15 Miscellaneous costs-factory Total factory overhead 10 Total manufacturing costs incurred in 2018 19 Total manufacturing costs 20 Work in process inventory. December 31.20Y8 21 Cost of goods manufactured Instructions Statement of Cost of Goods Manufactured Income Statement Score: 87/150 Robstown Corporation Income Statement For the Year Ended December 31, 2048 1 Sales 5 5 ? Cost of goods sold Finished goods inventory January 1, 2018 Cost of goods manufactured Cost of finished goods available for sale Finished goods inventory. December 31, 2018 Cost of goods sold 1 Gross profit Operating expenses Adrive me 1 Office sans expense Depreciation expense office equipment Property taxes office building Seing penses Sales salaries en Advertising perse Toril operating Net income