s8rUnit Exhibit 4-17 Process Map for Penguin Window Company's Traditional Cost Allocation System for $75 each. Both sell the devices for $180. In 20x9 Annandale produced 12,000 devices at the following costs: Direct materials used Direct labor Indirect production: $530,000 $490,000 200,000 Depreciation Indirect labor Other S 35,000 20,000 155,000 210,000 $900,000 Total cost of production Assume that Annandale had no beginning inventory of direct materials. Neither company had any Deginning inventory of finished devices, but both had ending inventory of 2,500 finished devices. Endi ing work-in-process inventory for Annandale was negligible. Each company sold 9.500 devices for $1.710,000 in 20x9 and incurred the following selling and administrative costs Sales salaries and commissions Depreciation on retail store Advertising Other Total selling and administrative cost $110,000 45,000 10,000 5,000 $170,000 , Frepare the inventories section of the balance sheet for December 31, 20X9, for Danube. Prepare the inventories section of the balance sheet for December 31, 20X9, for Annandale. USing the cost of goods sold format on page 134 as a model, prepare an income statement for the year 20X9 for Danube. Using the cost of goods sold format on page 134 as a model, prepare an income statement for the year 20X9 for Annandale