Westin Co. produced 5.000 recliners during the year. The recliners sell to furniture dealers for $450 each. Westin had 150 recliners in Finished Goods Inventory at the beginning of the year, and 300 recliners were in Finished Goods Inventory at the end of the year. Westin's accounting records provide the following: Materials Purchased $350,000 Beg. Inv., Finished Goods $23,250 Direct Labor 200,000 Ending Inv., Finished Goods 47,550 Executive Salaries 350,000 Rent, Factory Building 42.000 Indirect Labor 50,000 Plant Manager Salary 84,000 Beg. Inv., Materials 47,000 Beg. Inv., WIP 13,700 Ending Inv., Materials 36,000 Ending Inv., WIP 19,200 Utilities, Factory 11,000 Depreciation, Factory Equipment 45,000 Rent, Executive Building 20,000 Indirect Materials Used 10,000 Technical Support Costs 5,000 Software Fees 15,000 Salespersons' Commissions 218,250 Additional Notes: Assume the amounts given for materials purchased and materials inventory balances include both direct and indirect materials. Assume no taxes. Software fees were incurred to upgrade the billing and accounting systems. Technical support costs were incurred to Tecalibrate some of the production equipment. Required: A. Prepare a Statement of Cost of Goods Manufactured. Make sure you list each manufacturing overhead cost in the body of your statement. B. Compute the average cost of producing one recliner. C. Prepare an Income Statement for external users, listing each selling and administrative expense individually