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Standford Corporation has provided the following data for the month of February:  Sales

Accounting

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Standford Corporation has provided the following data for the month of February: 

Sales.... 280,000

Raw Materials purchases 76,000

Direct labor cost 42,000

Maunufacturing OH 77,000

Selling Expense 20,000

Administrative Expense 35,000

Inventories Beginning Ending

Raw Materials 22,000 33,000

Work in process 15,000 23,000

Finished Goods 52,000 43,000

 

Required:

a. Make a Direct Materials Used in good form

b. Make a Schedule of Cost of Goods Manufactured in good form

c. Make the Cost of Goods Sold in good form.

d. Using data from the answers above as needed, Make a Income Statement in good form