CHRISTIAN COMPANY

Statement of Cost of Goods Manufactured

Year Ended December 31, 2014
1,600,000.0
Purchases
0
Freight
in
80,000.00
1,680,000.0
Total
0
Increase in Raw Materials
100,000
Raw Materials
1,580,000.0
Used
0
1,480,000.0
Direct Labor
0
Factory
Overhead:
Indirect Labor

600,00
0.00

Depreciation machinery

50,000.
00

Factory Taxes

130,00
0.00

Factory Supplies
Expense

120,00
0.00

Factory
Superintendence

480,00
0.00

Factory
Maintenance
Factory heat, light,

150,00
0.00

220,00
0.00

and power

1,750,000.0
0
4,810,000.0
0

Total Manufacturing Cost

Decrease in Goods in
Process

90,000.00

Cost of Goods
Manufactured

4,900,000.0
0

Christian Company
Income Statement
Year Ended December 31, 2013
Not
e
Sales Revenue
Cost of Goods
Sold

8,000,000.0
0
5,100,000.0
0

Gross Income
Expenses:
Distribution
Costs
Administrative
Expenses
Income before tax
Income tax expense
Net Income

2,900,000.0
0
2
3

800,000.00
930,000.00

1,730,000.0
0
1,170,000.0
0
170,000.00
1,000,000.0
0