san ysidro company

San Ysidro Company manufactures hiking equipment. The company's administrative and manufacturing operations share the company's only building. Eighty percent of building is used for manufacturing and the remainder is used for administrative activities. Indirect labor is 8 percent of direct labor. The cost accountant at San Ysidro has compled the following information for the year ended December 31 Administrative salaries Attomey fees to settle zoning dispute Building depreciation (manufacturing portion only) Cost of goods manufactured Direct materials inventory, December 31 Direct materials purchased during the year Direct materials used Distribution costs Finished goods inventory, January 11 Finished goods inventory, December 31 Insurance (on plant machinery) Maintenance (on plant machinery) Marketing costs Other plant costs Plant uslities $ 1/5,300 29.300 227,700 3,520 600 296 200 1,251,000 1,334,000 5,700 283,000 319,000 65,100 42,300 128,700 110.100 129,000 5,766,900 45.500 1.566.000 88200 87.300 Sales revenues Taxes on manufacturing property Total (direct and indirect) labor Work-in process inventory, January 1 Work-in-process inventory, December 31 Required: Prepare a cost of goods manufactured and sold statement and an income statement SAN Y SIDRO COMPANY Cost of Goods Manutactured and Sold Statement For the Year Ending December 31 Manufacturing costs: Direct materials Manufacturing overhead Total overhead 0 Total manufacturing costs Total cost of work-in-process during the year Costs of goods manufactured this year Cost of goods available for sale Cost of goods sold SAN YSIDRO COMPANY Income Statement For the Year Ended December 31 0 Total operating costs