Stana Weiss, accountant for Fluffy Cat Co$.,$ prepared the following amounts to include on

the financial statements for the period ending March $31,2024.$

The purchase of materials included $30\%$ indirect materials.

$20\%$ of the manufacturing labour was for indirect manufacturing labour.

The facility was used partly for the sales and administrative team $(30\%).$

$20\%$ of the depreciation expense was related to delivery trucks.

$40\%$ of the insurance relates to marjyfacturing activities.

$60\%$ of the management salaries relate to manufacturing activities.

Furthermore, Poppy compiled the following information with respect to inventories for the

period $($note that the company does not maintain inventories of indirect materials$).$

Instructions:

Prepare a cost of goods manufactured statement for the period.

Prepare an income statement for the period $-$ ensure you show the full COGS in the

income statement.