managerial accounting?

Question

The ff information was taken from the records of the Hulk Company for the year ending December 31,2006
Sales 114,000
Selling expenses 16,360
Indirect manufacturing cost 23,440
Direct materials used 37,520
General and administrative expenses 22,800
Direct labour 26,600
There was no begininig finished goods inventory.Ending finished goods inventory was $20,000..Prepare an income statement for the year ended December 31

Answer 1

Cost of goods manufactured:
Direct mat'ls 37,520
Direct labour 26,600
Indirect mfg cost 23,440
Gives 87,560

COGS
Cost of gds mfd 87,560
add beginning inventory 0
less ending inventory (20,000)
COGS 67,560

Income statement for yr ended Dec 31
Sales 114,000
less COGS (67,560)
Gross profit 46,440
less:
Selling exp (16,360)
Gen/admin exp (22,800)
Profit before tax 7,280

Answer 2

Whats the question ??