Complete a Schedule of Cost of Goods Manufactured and aManufacturing Company Income statement. Use the Cost of GoodsManufactured that was developed in the Schedule of Cost of GoodsStatement in the income statement.

                                                                        Jan-Feb

Cost of Goods ManufacturedData                 170000

Directlabor                                                     20200

Depreciation                                                   350300

Purchases of directmaterial                           80175

Beginningwork-in-process                             65200

Ending directmaterials                                   17750

Indirectmaterials                                           18575

Plant utilities, insurance and Propertytaxes  27100

Endingwork-in-process                                  70025

Beginning directmaterials                              29500

Indirect labor  

            

            

            

Manufacturing Income StatementData        1001000

Net salesrevenue                                           53500

Incometaxes                                                  250

Beginning finishedgoods                               5300

Suppliesexpense                                            60425

Ending finished goodsinventory                    660375

Cost of goodsmanufactured                          120125

Wageexpense                                                6750

Depreciationexpense                                    100025

Rentexpense                                                  10075

Insurance expense