Consider the following information for Huntersville Inc. for the fiscal year ended December 31 Depreciation expenseadministrative office Depreciation expense plant and equipment Direct labor -wages Materials Inventory , Dec. 31 Materials Inventory, Jan. 1 Direct materials purchases Finished goods inventory , Dec. 31 Finished goods inventory, Jan. 1 Heat, light, and power plant Indirect labor Property taxes-plant Sales representatives salaries Sales revenue Factory supervisor's salary Supplies- administrative office Supplies-plant work-in- process inventory, Dec. 31 Work-in-process inventory, Jan. 1 37,600 94,000 549,900 27,000 195, 16, 28,200 38,000 153,000 1,678,000 68,400 12,200 27,000 Required: Prepare a statement of cost of goods manufactured and an income statement for Huntersville for the y Complete this question by entering your answers in the tabs below. Stmt of COGM Income Statement Prepare a statement of cost of goods manufactured for Huntersville for the year ended December 31. HuntersvilleInc Statement of Cost of Goods Manufactured

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Statement of cost of goods manufactured Direct material at beginning 19000 ... View the full answer