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value: 10.00 points Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a
value: 10.00 points Mesa Designs produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a summer intern at Mesa, the cost accountant provides you with the following (fictitious) data for the year (in $000): 1/1/00 12/31/00 Inventory information: Direct materials Work-in-process Finished goods $ 62 S 69 82 90 1,001 1,027 Other information: Administrative costs Depreciation (Factory) Depreciation (Machines) Direct labor Direct materials purchased Indirect labor (Factory) Indirect materials (Factory) Property taxes (Factory) Selling costs Sales revenue Utilities (Factory) For the year '00 S 3,500 3,480 4,760 7,900 5,290 1,810 620 255 1,210 37,110 670 Required Prepare the income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234).)
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