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Additional information: 1. Insurance, utilities, rent and office supplies should be allocated as follows: 2. Inventory balances at the beginning and end of May were as follows: Raw materials Work in process Finished goods 3. Sales for the month of May 2023 were $1,250,000 Required: a. Prepare a Schedule of cost of goods manufactured for the month of May 2023. b. Compute the cost of goods sold for the month ended May 31, 2023. c. Prepare an income statement for the month of May 2023. (multi-step format). d. Assume the company produced 25,000 units during May. What is the cost per unit for direct materials \& factory salaries? e. Assume the company expects to produce 30,000 units in June, what would you expect the total cost of direct materials \& factory salaries to be? Additional information: 1. Insurance, utilities, rent and office supplies should be allocated as follows: 2. Inventory balances at the beginning and end of May were as follows: Raw materials Work in process Finished goods 3. Sales for the month of May 2023 were $1,250,000 Required: a. Prepare a Schedule of cost of goods manufactured for the month of May 2023. b. Compute the cost of goods sold for the month ended May 31, 2023. c. Prepare an income statement for the month of May 2023. (multi-step format). d. Assume the company produced 25,000 units during May. What is the cost per unit for direct materials \& factory salaries? e. Assume the company expects to produce 30,000 units in June, what would you expect the total cost of direct materials \& factory salaries to be