Question: solve a,b and c Presented below is selected information from the Red Company's current period accounting ecords (in $000s): Sales $12,000 Raw Materials Used 2.500

solve a,b and c

Presented below is selected information from the Red Company's current period accounting ecords (in $000s): Sales $12,000 Raw Materials Used 2.500 Direct Labor Costs 1,000 Period Costs (Selling and Administrative) 2.500 Beginning Raw Material Inventory 300 Ending Raw Material Inventory 1,000 Raw Materials Purchased 3.200 Beginning Work-in-Process Inventory 0 Ending Work-in-Process Inventory 300 Beginning Finished Goods Inventory 700 Ending Finished Goods Inventory 400 Applied Manufacturing Overhead 5,700 NOTE: All raw materials used were direct materials. Required: Complete the following (in dollars): a. Schedule of Cost of Goods Manufactured b. Cost of Goods C. Income Statement in good form

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