please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)

The following information pertains to the most recent quarter that ended on December 31, 2022, at Akon Limited.

Purchases of raw materials		378,000
Raw materials inventory, beginning		44,800
Raw materials inventory, ending		74,000
Depreciation, factory		198,000
Insurance, factory		21,200
Direct labour		248,400
Maintenance, factory		124,800
Administrative expenses		289,600
Sales	2,088,000
Utilities, factory	114,000
Supplies, factory	4,120
Selling expenses	330,800
Indirect labor	268,400
Work in process inventory, beginning	28,600
Work in process inventory, ending	122,400
Finished goods inventory, beginning	41,800

Finished goods inventory, ending

167,200

Requirement 1:

Prepare schedule of the cost of goods manufactured for the quarter that ended Dec 31, 2022.

Requirement 2:

Prepare income statement for the quarter that ended Dec 31, 2022.