Snickerdoodle Inc. has provided the following relating to the most recent month (September 30, 2020) of operations, for their main product, cookies. Baker's salary 13,000

General & administrative expenses 13,500

Indirect materials 10,500

Production Supervisor, Salary 14,000

Raw material purchases 21,000

Rent on production factory 12,000

Rent, retail store 11,000

Sales 140,000

Utilities on production factory 10,500

Utilities, retail store 10,500

Wages, retail staff 13,000

Required:

Calculate the following:

1. Raw materials used in production 2. Total manufacturing overhead 3. Total manufacturing costs 4. Cost of Goods Manufactured 5. Prime Costs 6. Conversion Costs 3. Prepare a revised income statement for the quarter.