- 6 x = M Gmail Problem VT - Statement of Cost of Goods Manufactured and Sold 20 Points 25 Minutes Mail R 3:04 + Compose Inbox Starred (3 hours ago Snoozed Sent Drafts Hurst The following is information from the records of Carbondale Company. Account Balances Raw Materials, January 1 $ 48,500 Raw Materials, December 31 $ 44,500 Finished Goods Inventory. January 1 92.000 Finished Goods Inventory, December 31 77,800 Work In Process Inventory, January 1 9,650 Work In Process Inventory, December 31 7,500 Direct Labor 156,300 Factory Depreciation 18,000 Factory Maintenance 7.400 Accounts Receivable 27,000 Advertising Expense 9.000 Factory Utilities 12,900 Cash 33,500 Income Tax Expense 20,000 Indirect Labor 18,100 Office Supplies Expense 8,600 Plant Manager's Salary 42,000 Raw Materials Used 62,500 Sales Returns and Allowances 12,000 Sales Revenues 587,000 Prepaid Rent 18,000 Instructions: From the account balances listed below, A. Prepare a schedule of cost of goods manufactured for the month ended December 31, 2020. B. Prepare income statement through gross profit at December 31, 2020. C. Prepare the current asset section of the balance sheet for December 31, 2020. More Rashid Katiuana Bennett 11 Type here to search OBI e D 233 Ne, 9 A 40) it of 7:35 PM 3/27/2020