The following information is available for Robstown Corporation for 20Y8 Inventories January 1 December 31 Materials $44,250 $31,700 Work in process 63,900 80,000 Finished goods 101,200 99,800 December 31 Advertising expense $ 400,000 Depreciation expense office equipment 30,000 Depreciation expense factory equipment 80,000 Direct labor 1,100,000 Heat, light, and power factory 53,300 Indirect labor 115,000 Materials purchased 556,600 Office salaries expense 318,000 Property taxes factory 40,000 Property taxes office building 25,000 Rent expense factory 27,000 Sales 3,850,000 Sales salaries expense 200,000 Supplies factory 9,500 Miscellaneous costs factory 11,400 Required A Prepare the 20Y8 statement of cost of goods manufactured B Prepare the 20Y8 income statement Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries Less or Plus will automatically appear if it is required Enter all amounts as positive numbers Be sure to complete the statement heading

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The following information is available for Robstown Corporation for 20Y8: Inventories January 1 December 31 Materials $44,250 $31,700 Work in process 63,900 80,000 Finished goods

The following information is available for Robstown Corporation for 20Y8:

Inventories	January 1	December 31
Materials	$44,250	$31,700
Work in process	63,900	80,000
Finished goods	101,200	99,800

	December 31
Advertising expense	$ 400,000
Depreciation expense-office equipment	30,000
Depreciation expense-factory equipment	80,000
Direct labor	1,100,000
Heat, light, and power-factory	53,300
Indirect labor	115,000
Materials purchased	556,600
Office salaries expense	318,000
Property taxes-factory	40,000
Property taxes-office building	25,000
Rent expense-factory	27,000
Sales	3,850,000
Sales salaries expense	200,000
Supplies-factory	9,500
Miscellaneous costs-factory	11,400

Required:

Prepare the 20Y8 statement of cost of goods manufactured.*

Prepare the 20Y8 income statement.*

*Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. Enter all amounts as positive numbers. Be sure to complete the statement heading.