Problem $2-66($Algo$)$ Prepare Statements for a Manufacturing Company $($LO $2-2,4)$

Mount Elliott Fixtures produces a varlety of hardware products, primarily for the home construction and remodeling

business. The cost accountant provides you with the following data for the year $($in $$000)$:

Required:

a$.$ Prepare a cost of goods sold statement.

b$.$ Prepare an Income statement.

Complete this question by entering your answers in the tabs below.

COGS Income

stateme... stateme...

Prepare a cost of goods sold statement.

Note: Enter your answers in thousands of dollars $($i$.$e$.,234,000$ should be entered as $234).$

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