Sales 1,125,000

Depreciation, factory 69,750

Utilities, factory 17,325

Administrative expense 127,350

Purchase of raw materials 325,350

Raw materials, Mar31, 2020 36,900

selling expense 74,250

Raw materials, Mar1, 2020 54,000

Work-in-Process inventory, Mar31 45,000

Insurance, factory 18,900

Direct labour 70,785

Work-in-Process inventory, Mar1st 81,000

Indirect labour 137,700

Finished Goods Inventory, Mar1st 117,000

Supplies, factory 6,300

Finished Goods Inventory, Mar31 94,500

Maintenance, factory 40,050

Required:

prepare the income statements