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The following information is avallable for Lagakos Corporation for 20Y8 : Instructions Direct labor Heat, light, and power-factory Indirect labor Materlals purchased Otfice salaries expense

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The following information is avallable for Lagakos Corporation for 20Y8 : Instructions Direct labor Heat, light, and power-factory Indirect labor Materlals purchased Otfice salaries expense Property taxesalactory Property taxes-allice building Rent expense-factory Sales Sales salaries expense Supplies-factory Miscellaneous costs-factory 669,000 22,060 76,000 658,200 183,300 18,300 31,200 32,500 3,011,000 417,000 16,000 9,200 Required: 1. Prepare the statement of cost of goods manufactured : 2. Prepare the income statement. "Be sure to complete the statement heading Refer to the Labeis and Amount Descriptians list provided for the exact wording of the answer choices for text entries. "Less' or "Plus" wil automatically appear if it is required. Enter all amounts as positive numbers

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