Question: Jan 1 , 2 0 2 2 December 3 1 , 2 0 2 2 table [ [ Inventories: , 7 0 0 0

Jan 1,2022 December 31,2022
\table[[Inventories:,7000,],[Raw materials,8000,13000],[Work in process,15000,10000],[Finished Goods,16000,],[Costs Incurred:,93000,],[Raw materials purchases,42000,],[Direct Labor,8000,],[Factory rent,7000,],[Factory utilities,4000,],[Indirect materials,6000,],[Indirect labor,5000,],[Selling expenses,12000,]]
Instructions
a. Prepare a schedule of Cost of Goods Manufactured for Radar Company for the year ended December 31,2022 in good form.
b. Prepare the Cost of Goods Sold section of the Income Statement for the year ended December 31,2022 in good form.
 Jan 1,2022 December 31,2022 \table[[Inventories:,7000,],[Raw materials,8000,13000],[Work in process,15000,10000],[Finished Goods,16000,],[Costs Incurred:,93000,],[Raw materials

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