please just do it as the instruction demand thank you 495334

MANAGERIAL ACCOUNTING-TAKE HOME QUIZ THE FINANCIAL STATEMENTS ARE TO BE TYPED. THE QUIZ IS DUE AT THE START OF CLASS. BRING TWO TYPED COPIES TO CLASS (SHOW ALL WORK!!!!!) Properly label all totals, subtotals, and financial statements Use the following information to prepare the required financial statements as instructed below: Administrative salaries expense $ 119,000 Advertising expense 12,000 Direct labor 110,000 Depreciation expense, factory 18,000 Finished goods inventory,1/1 27,000 Accounting and auditing expense 50,000 Direct material inventory,1/1 42,000 Plant maintenance expense 35,000 Work in process inventory,1/1 9,000 Sales discount 15,000 Factory cleaning expense 30,000 Direct material purchases 177,000 Manufacturing design expense 3,000 Legal expense 9,000 Gross sales 998,000 Indirect material 22,000 Depreciation expense 16,000 Plant property tax expense 8,000 Direct material inventory,12/31 39,000 Indirect labor 48,000 Manufacturing waste expense 15,000 Work in process inventory, 12/31 7,000 Storage and warehouse expense 12,000 Finished goods inventory, 12/31 29,000 Freight out 11,000 Security expense, plant 27,000 Sales returns and allowances 4,000 Other manufacturing overhead 13,000 Utilities expense 5,000 Plant warehouse expense 8,000 Insurance expense, selling 7,000 Research expense, Plant 15,000 Consulting expense 21,000 Factory quality control expense 13,000 Store rental expense 55,000 Instructions: Prepare the cost of goods manufacturing schedule and a separate income statement for Joy and Peace…