The following data pertain to Babor Company for the fiscal year ended December 31: Prior December 31 Purchases of materials Direct labor Indirect labor Factory insurance Depreciation-factory Repairs and maintenance-factory Marketing expenses General and administrative expenses Materials inventory Work-in-Process inventory Finished Goods inventory Sales in the current year were $596,000. $ 25,500 14,250 17,500 Current December 31 $ 177,500 120, 250 47,500 8,500 34,250 12,500 125,750 86,750 58,750 17,000 24,400 4 Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company. Complete this question by entering your answers in the tabs below.

Stmt of colGM Income Statement Prepare an income statement for the current The following data pertain to Babor Company for the fiscal year ended Decemhor 31 : sales in the current year were $596,000. Required: Prepare a schedule of cost of goods manufactured and an income statement for the current year for Babor Company Complete this question by entering your answers in the tabs below