The following data pertain to Spartan Products Company:
Sales revenue $
Materials inventory, January
Direct laborwages
Depreciation expenseplant and equipment
Indirect laborwages
Heat, light, and powerplant
Supervisors salaryplant
Finished goods inventory, January
Workinprocess inventory, December
Suppliesadministrative office
Property taxesplant
Finished goods inventory, December
Materials inventory, December
Sales representatives salaries
Workinprocess inventory, January
Materials purchases
Suppliesplant
Depreciationadministrative office
Required:
Prepare a statement of cost of goods manufactured and an income statement for Spartan Products Company for the year ended December
