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The following information pertains to the York Company for the year ending December 31, 2019. Hours Revenue Interest Revenue Purchases of raw materials Indirect Labour

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The following information pertains to the York Company for the year ending December 31, 2019. Hours Revenue Interest Revenue Purchases of raw materials Indirect Labour Indirect Materials Utilities (factory] Depreciation of factory equipment Depreciation of factory buildings Depreciation of admin buildings Marketing costs Wages [Store) Utilities (store] Supplies [store] Direct Labour Hours Hourly Rate for direct labour Raw materials inventory Dec 31 2019 WIP Jan 1 2019 Sales Return/ allowances Raw Materials Jan 1 2019 WIP Dec 31 2019 Sales Discounts Finished Goods Inventory Jan 1 2019 Finished Goods Inventory Dec 31 2019 $ 240,000 50,000 40,000 4,000 9,000 4,500 10,000 19,000 5,000 30,000 10,000 6,000 3,500 2000 10 9,000 4,000 10,000 3,000 15,000 10,000 7,000 15,000 REQUIRED 1. Prepare a COGM statement 2. Prepare an income statement ( assume interest expense to be $10000 and tax rate to be 15%]

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