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  3. year ended december 31, 2020. the following data w

year ended December 31, 2020. The following data were taken from the records of Moxie...

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Accounting

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year ended December 31, 2020. The following data were taken from the records of Moxie Company for the Raw Materials 7,400 Inventory 1/1/20 Raw Materials Factory Insurance Factory Machinery 47,000 44,200 85,000 57,800 9,500 7.700 12,900 8,600 465,000 Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes Factory Repairs Raw Materials Purchases Inventory 12/3 1/20 Finished Goods Inventory 1/1/20 Finished Goods 2,500 60,000 Inventory 12/31/20 Work in Process 6,100 Inventory 1/1/20 Work in Process 800 62,500 18,000 Inventory 12/31/20 Direct Labor Indirect Labor Accounts Receivable Instructions 8,000 145,100 18,100 27,000 (a) Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) (b) Prepare an income statement through gross profit. (c) Prepare the current assets section of the balance sheet at December 31

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