The following costs and inventory data were taken from the accounts of Reser Company for 2018: Jan 1, 2018 December 31, 2018 8000 15000 16000 7000 13000 10000 Inventories: Raw materials Work in process Finished Goods Costs incurred: Raw materials purchases Direct Labor Factory rent Factory utilities Indirect materials Indirect labor Selling expenses Administrative expenses 93000 42000 8000 7000 4000 6000 5000 12000 Instructions a. Prepare a schedule of Cost of Goods Manufactured for Reser Company for the year ended December 31, 2018 in good form. b. Prepare the Cost of Goods Sold section of the Income Statement for Reser Company for the year ended December 31, 2018 in good form