Tchakovsky Company manufactures and sells various and assorted products. Information relating to year X1 is given below

Tchaı¨kovsky Company manufactures and sells various and assorted products. Information relating to year X1 is given below (in 000 of CU).

Required
Prepare an income statement by nature and an income statement by function. (Check figure [operating income] is 21).

Transcribed Image Text:

nventory of raw materials 18 Rent expenses Purchases of raw materials Sales of finished Raw materials consumed 150 55 23 10 105 Beginning inventory of work in inventory of raw materials Units ed the Personnel expenses Ending inventory of work in Beginning inventory of finished products Direct labor Supervisory labor Sales personnel Accounting and administration 16 5 Cost of units sold dunng the 107 3 Ending inventory of finished products Depreciation expenses Production equipment Sales equipment Administrative equipment 4