the administrative offices and manufacturing plant of oakdale to 268418

The administrative offices and manufacturing plant of Oakdale Tool & Die share the same building. The following information (in $000s) appears in the accounting records for last year:

Administrative costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,800

Building and machine depreciation

(75% of this amount is for factory) . . . . . . . . . . . . . . . . . . . . . 2,700

Building utilities (90% of this amount is for factory) . . . . . . . . . 3,750

Direct labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,520

Direct materials inventory, December 31 . . . . . . . . . . . . . . . . . . 42

Direct materials inventory, January 1 . . . . . . . . . . . . . . . . . . . . . 36

Direct materials purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,950

Factory supervision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,470

Finished goods inventory, December 31 . . . . . . . . . . . . . . . . . . 195

Finished goods inventory, January 1 . . . . . . . . . . . . . . . . . . . . . 162

Indirect factory labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,736

Indirect materials and supplies. . . . . . . . . . . . . . . . . . . . . . . . . . 2,055

Marketing costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,613

Property taxes on building

(80% of this amount is for factory) . . . . . . . . . . . . . . . . . . . . . 2,520

Sales revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38,910

Work in process inventory, December 31 . . . . . . . . . . . . . . . . . 87

Work in process inventory, January 1 . . . . . . . . . . . . . . . . . . . . 96

Required

Prepare an income statement with a supporting cost of goods sold statement.