A A B E F G 2 3 4 5 6 7 8 D Acct30(13A) 1,125,000 69,750 17,325 127,350 325,350 36,900 74,250 54,000 45,000 18,900 70,785 9 Sales Depreciation, factory Utilities, factory Administrative expense Purchase of raw materials Raw materials, Mar31, 2020 selling expense Raw materials, Mar1, 2020 Work-in-Process inventory, Mar31 Insurance, factory Direct labour Work-in-Process inventory, Marlst Indirect labour Finished Goods Inventory, Marist Supplies, factory Finished Goods Inventory, Mar31 Maintenance, factory 10 11 12 13 14 15 16 17 81,000 137,700 117,000 6,300 94,500 40,050 18 19 20 21 22 23 24 Required: prepare the income statements Beg, Direct Materials Inventory + New purchase of Direct Material - Ending Direct materials Direct Materials used in production 2 + Direct Labour Factor Buildin g + Indirect materials (like lubricant) Indirect labour (like supervisor salary) Factory, Insurance Factory, supplies Factory, utility Factory, property tax Factory, repair and maintenance Factory, rent for machinery or building Factory, Depreciation for machinery and building Manufacturing overhead 3 Total Manufacturing Cost (New W.L.P) + Beg W.L.P - Ending W.L.P Cost of Goods Manufactured (New Finished Goods) + Beg Finished Goods - Ending Finished Goods COGS 2 Unmute Start Video Share Participants More L M N P Q. Sales - Sales Discount - Sales Return Net Sales - COGS Gross Profit - Operating Expenses Office, Insurance office, supplies office, utility exp Office office, property tax building office, repair and maintenanc office, rent office, depreciation for office Office, ads Total Operating expense Net Income ods)