The following data refer to San Fernando Fashions Company for the year 20x2:

Sales revenue	$	1,050,000
Work-in-process inventory, December 31		30,000
Work-in-process inventory, January 1		36,000
Selling and administrative expenses		150,000
Income tax expense		70,000
Purchases of raw material		160,000
Raw-material inventory, December 31		25,000
Raw-material inventory, January 1		20,000
Direct labor		200,000
Utilities: plant		40,000
Depreciation: plant and equipment		50,000
Finished-goods inventory, December 31		50,000
Finished-goods inventory, January 1		20,000
Indirect material		8,000
Indirect labor		12,000
Other manufacturing overhead		60,000

1. Prepare San Fernando Fashions schedule of cost of goods manufactured for the year.

2. Prepare San Fernando Fashions schedule of cost of goods sold for the year.

3. Prepare San Fernando Fashions income statement for the year.

SAN FERNANDO FASHIONS COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20x2 Forth Direct material: Manufacturing overhead: Total manufacturing overhead Total manufacturing costs Subtotal Cost of goods manufactured SAN FERNANDO FASHIONS COMPANY Schedule of Cost of Goods Sold For the Year Ended December 31, 20x2 Cost of goods available for sale Cost of goods sold SAN FERNANDO FASHIONS COMPANY Income Statement For the Year Ended December 31, 20x2 Income before taxes