Question
The following information appears in alexis company's records for last year: Administrative costs... $88600 Manufacturing building depeerciation ..54000 Indirect materials and supplies..12600 Sales commissions..30400 Direct
The following information appears in alexis company's records for last year: Administrative costs... $88600 Manufacturing building depeerciation ..54000 Indirect materials and supplies..12600 Sales commissions..30400 Direct materials inventory ,january 1...36800 Direct labor..71200 Direct materials inventory,december 31....38000 Finished good inventory ,january 1...21800 Finished good inventory ,december 31...18000 Direct materials purchases...44600 Work in procees inventory ,december...26200 Supervisory and indirect labor..28800 Property taxes ,manufacturing plant...16800 Plant utilities and power ..47000 Work in process inventory,january 1...30800 Sales revenue..420800 Prepare an income statement with a supporting cost of goods sold statement
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