1 prepare a multiple step income statement 2.prepare cost of goods manufactured

problem 6-6 Sales *$ 7,500,000 200,0002 240,0003 360,000" Inventories-January 1 2 Raw materials Goods in process u Finished goods 58 Inventories-December 31 6 F Raw materials 7 Goods in process 8 Finished goods 9 Accounting and legal fees 10 Advertising- 11 Delivery expenses - 12 Depreciation-machinery Depreciation-office equipment - tu Depreciation-store equipment- Direct labor 16 Earthquake loss Factory supplies used 18 Gain from expropriation of asset - 10. Gain on sale of equipment- O Income tax expense 21 Indirect labor 20-L Interest income 234 Light, heat, and power Luer Office expenses 25 Office salaries 26 Purchases 243 Rent-factory building 19 Repair and maintenance-machinery 29 Sales returns and allowances Sales salaries 31 Superintendence 280,0005 170,000 6 300,000+ 150,0008 160.0009 200,000 -60,000 - 40,000 h -- 70,000 15 950,000 tu 300,000 is 110,000 6 100,000 14 100,000 320,000 g 250,000 L - 10,000 320,000 12 250,000 3 150,000244 3,000,000 2 120,000 24 50.0002 50,000 24 - 400,000 29 210,000 30