Question: Using the information below, calculate net income Sing the information below, calculate net income. Account & Information Selling and administrative expenses Direct Material putchased Direct

Sing the information below, calculate net income. Account & Information Selling and

Using the information below, calculate net income

Sing the information below, calculate net income. Account & Information Selling and administrative expenses Direct Material putchased Direct labor used Utilities expense ifactry Miscellaneous expense: factory' Indirect mateti@lsusd Indirect laour used Raw - beginning of year Raw materials b?lance- end of year Finished good9'\oV9ntOryubeginning of year Fini{hd end Q!' year Work .!n' Of: year Work Revenuecs Head offiCer Tax rate Value 20,000 60,000 160,000 10,000 4,000 14,000 12,000 60,000 20,000 50,000 100,000 16,000 20,000 500,000 40,000

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