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Salma Sweet manufactures ice cream to be distributed around the restaurants in Yanbu. Some of its costs from the current year include: In addition, the

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Salma Sweet manufactures ice cream to be distributed around the restaurants in Yanbu. Some of its costs from the current year include: In addition, the following information is available at the end of the year 1. 2. 40% of the insurance expenses is for factory building and the remaining for office building 3. Out of the total utilities expenses, 55% is allocated for factory building and the remaining for office building. 4. 60% of petrol/gasoline expenses is used in office buildings and the remaining amount is used in factory buildings. Required: a. Prepare a schedule of cost of goods manufactured for the company. b. Prepare the company income statement

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