The following accounts contain information about January's production for Brotto Bold Industries. Debit Debit Debit Raw Materials 24,785 68,541 17,630 Work In Process 29,856 68,542 44, 150 41,174 25,870 Credit 75,696 Sales Revenue Credit 157,852 Credit 256,963 256,963 Direct Materials Debit Debit 68,542 Finished Goods 15,852 Credit 68,542 32,585 174,585 157,852 29,875 11,462 41,337 Required: 1. Prepare a Schedule of Cost of Goods Manufactured. 2. Prepare an Income Statement for internal purposes. Credit Selling and Admin Expense Debit Credit Debit Debit Direct Labor Cost of Goods Sold 174,585 174,585 Debit Credit 39,965 4,185 44, 150 7,154 34,578 558 Manufacturing Overhead Credit Credit 41,174

The following accounts contain information about January's production for Brotto Bold Industries. Required: 1. Prepare a Schedule of Cost of Goods Manufactured. 2. Prepare an Income Statement for internal purposes