Doggie Delights Manufactures Its Own Brand of Pet Toys (A) Prepare a Schedule of Cost of Goods Manufactured for the End

Essay

Doggie Delights manufactures its own brand of pet toys. At the end of June, 2019 the accounting records showed the following:
$$\begin{array} { | l | r | r | } \hline \text { Inventories: } & \text { Beginning } & { \text { Ending } } \\\hline \text { Direct Materials } & \$ 14,200 & \$ 9,600 \\\hline \text { Work-in-Process } & 0 & 3,600 \\\hline \text { Finished Goods } & 0 & 6,800 \\\hline \text { Other Information: } & & \\\hline \text { Direct materials purchases } & & 40,000 \\\hline \text { Plant janitorial services } & & 4,200 \\\hline \text { Sales salaries } & & 6,000 \\\hline \text { Delivery costs } & &2,900 \\\hline \text { Sales revenue } & & 206,000 \\\hline \text { Utilities for plant } & &10,000 \\\hline \text { Rent on plant } & &27,000\\\hline \text { Customer service hotline costs } && 3,000 \\\hline \text { Direct labor } & & 29,000\\ \hline\end{array}$$ (a) Prepare a schedule of cost of goods manufactured for Doggie Delights and
(b) Prepare an income statement for Doggie Delights for the year ended June 30, 2019