San Diego State University Operations And Supply Chain Management Assignment Help - Goods

Question - The following information appears in Toledo Toy Company's records for last year:
Sales revenue.........................................$99,300
Administrative costs.................................19,700
Manufacturing building depreciation.............11,750
Indirect materials and supplies.....................2,150
Sales commissions.....................................6,800
Raw-material inventory, January 1................8,200
Direct labor.............................................16,300
Raw-material inventory, December 31............9,000
Finished-goods inventory, January 1..............4,450
Finished goods inventory, December 31..........3,900
Raw-materials purchases...........................10,150
Work-in-process inventory ...Read More , December 31.......5,550
Supervisory and indirect labor......................6,200
Property taxes, manufacturing plant..............3,700
Plant utilities and power............................11,500
Work-in-process inventory, January 1...........6,600

Prepare an income statement with a supporting schedule of cost of goods sold ...Read Less

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