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I need helo preparing the COGS statement and an income statement for this problem. ...

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Accounting

I need helo preparing the COGS statement and an income statement for this problem. image
Yolo Windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars). $ 82 111 1,630 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property on fact Sales revenue Information on December 31 (Ending): Direct materiale inventory Work-in-process inventory Finished goods inventory $ 3,690 12,300 8,200 11,720 766 935 2,950 670 1,550 280 45,900 $ 93 145 1,440 Required: 1. Prepare a cost of goods sold statement. 2. Prepare an income statement

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