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Thank you for your assistance in advance. Admin Cost Name Amout duct or Per DM DL OH Selling Labor for assembly-line workers $15,000 Product X

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Admin Cost Name Amout duct or Per DM DL OH Selling Labor for assembly-line workers $15,000 Product X Salary for factory manager $65,000 Product X Depreciation for Office Equipment $2,500 Period Depreciation for Factory Equipment $500 Product X Sales Commissions $10,000 Period X Accounting Dept Salaries $75,000 Period Office Supplies Expense $5,000 Period Nails used in production $750 Product X Plastic used in production $25,000 Product Delivery expense for customer shippir $3,500 Period Total Product Costs $202,250 Required: Prepare a multi-step income statement for Majestic Manufacturing Com for the Year Ended December 31. All 10,000 units produced were sold this period for $35 per unit. Use the cost provided above to complete the income statement. x x

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