The following information is available for Shanika Company for 20Y6:

Required:

1. Prepare the 20Y6 statement of cost of goods manufactured.

2. Prepare the 20Y6 income statement.

Shanika Company Statement of Cost of Goods Manufactured For the Year Ended December 31, 20 Y6 Direct materials: Factory overhead: Total factory overhead Total manufacturing costs incurred in 20Y6 Total manufacturing costs Cost of goods manufactured Shanika Company Income Statement For the Year Ended December 31, 20 Y6