Using Income Statement Account based Manufacturing accounting

 Hi,

Does E1  allow income statement account based manufacturing accounting, or does it  only allow to do Balance Sheet account based manufacturing accounting.

(One of our company wants to use Income statement accounts for recording manufacturing accounting and Will  then use the movement account in the income statement to transfer the finish product to stock). 

(In addition to above main requirement,we would like to issue all material and  electricity,labor to different income statement account to reflect the actual usage)

Is there any workaround or setup to achieve this. Please suggest(with suitable example)

(All the standard documentation mentions  that AAIs 3110,3120 etc refer a balance sheet account. Can these be configured to use income statement account instead)