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Information for Jersey Metalworks of December 31 follows. Prepare the company schedule of coat of goods manufactured for the year ended December 31 (75 point.) prepare the company income statement that report pe categoricw for selling and general and administrative expense. (Fatra Credit 20 point). Adestrative salaries expense Depreciation expense Factory equipment Depreciation expense Delivery vehicles Depreciation expense Office equipment Advertising expense Direct Labor Factory supplies used Income taxes expense Indirect labor Indirect material Factory insurance Factory utilities Factory maintenance Inventories Raw materials inventory, January 1 Raw materials inventory, December 31 Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 aw materials purchases ant atau $ 137.000 56.400 36,500 28.400 125,550 291,000 15.000 90,100 125.000 228.000 18,500 34,000 17,500 35,000 129,000 35,780 32,460 52,970 65,000 320,000 SO000 Taylor Bledsoe: Attempt 1 28,400 25,550 291,000 15,000 90,100 25,000 28,000 18,500 34,000 17,500 Depreciation expense-Office equipment Advertising expense Direct labor Factory supplies used Income taxes expense Indirect labor Indirect material Factory insurance Factory utilities Factory maintenance Inventories Raw materials inventory, January 1 Raw materials inventory, December 31 Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 Raw materials purchases Rent expense-Factory Rent expense-Office space Rent expense-Selling Space Sales salaries expense Sales Sales discounts 35,000 229,000 35,780 32,460 $52,970 65,000 320,000 50,000 24,000 124,000 97,500 1,452,000 29,000

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