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Question #4 (31 points) The following is the accounting records of Bond Hat Company for...

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Accounting

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Question #4 (31 points) The following is the accounting records of Bond Hat Company for the year ended December 31, 2021: Inventories: Materials Work in process Finished goods Beginning $13,400 -0- -0- Ending $11,500 4,000 4,300 Other information: Direct material purchases Plant janitorial services Sales salaries expense Delivery expense Sales revenue Utilities for plant Rent of plant Customer service hotline expense Direct labor $30,000 1,800 4,000 1,700 119,000 1,800 12,000 1,100 20,000 Requirements: 1. Prepare a schedule of cost of goods manufactured for Bond hat Company for the year ended December 31, 2021. 2. Prepare an income statement for Bond Hat Company for the year ended December 31, 2021

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