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The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations as a producer of digital video
The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations as a producer of digital video monitors a. Purchased $133,400 of materials. b. Used $94,980 of direct materials in production c incurred $180,320 of direct labor wages d. Incurred $215,440 of factory overhead e. Transferred $425,880 of work in process to thedooods 1 Sold goods for $6-45,000 Sold goods with a cost of $368,750 h incurred $85,120 of selling expense. Incurred $71,400 of administrative expense Required: Using the information given, complete the following a Prepare the January income statement for Technology Treasures Manufacturing Company. Be sure to complete the statement heading Refer to the lists of Accounts, Labels and Amoure Descriptions ist provided for the exact wording of the answer choices for text entries. Colons () will fit in where needed. Enter amounts as positive numbers unless the amount is a calculation that results in a negative amount For
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