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Question: ent for the year ending dece r 31 248000 s...

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ent For the Year Ending Dece r 31 248,000 S 1,069,880 1,120,000 89,600 181,440 53,200 Maintenance on plant machinery 104,160 82,160 38,800 Other plant costs during the year 31 Costs of 2,776,760
Problem 2-66 Reconstruct Financial Statements (LO 2-1, 2, 6) 3 San Ysidro Company manufactures hiking equipment. The companys administrative and manufacturing share the companys only building. Eighty percent of the building is used for manufacturing and the remainder is used for administrative activities. Indirect labor is 8 percent of direct labor The cost accountant at San Ysidro has compiled the following information for the year ended December 31: $ 192,000 22,960 81,440 2,776,760 248,000 1,008,000 1,069,880 4,480 224,000 252,000 53,200 33,880 103,600 82,160 104,160 4,550,000 38,800 1,209,600 72,520 68,880 salaries Attorney fees to settle zoning dispute Building depreciation (manufacturing portion only) Cost of goods Direct materials inventory, December 31 Direct materials Direct materials us during the year January 1 Finished goods inventory, December 31 Insurance (on plant machinery) Maintenance (on plant machinery) Marketing costs Other plant costs Plant utilities Sales revenue Taxes on manufacturing property Total (direct and indirect) labor Work-i inventory, December 31 Required Prepare a cost of goods manufactured and sold statement and an income statement SAN YSIDRO COMPA
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