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Complete this question by entering your answers in the tabs below. COGM and COGS Stmts Income Stmt Prepare a cost of goods manufactured and sold statement and an income statement. Omira Cycle Parts Income Statement + For the Year Ended December 31 Sales revenue $ 22,756,000 Less: Cost of goods sold 13,802,000 Gross margin $ 8,954,000 Administrative salaries 966,000 Attorney fees to settle zoning dispute 120,800 Marketing costs 524,000 Distribution costs 23,000 Total operating costs Operating profit < COGM and COGS Stmts 1,633,800 Income Stmt

Complete this question by entering your answers in the tabs below. COGM and COGS Stmts Income Stmt Prepare a cost of goods manufactured and sold statement and an income statement. Omira Cycle Parts Income Statement + For the Year Ended December 31 Sales revenue $ 22,756,000 Less: Cost of goods sold 13,802,000 Gross margin $ 8,954,000 Administrative salaries 966,000 Attorney fees to settle zoning dispute 120,800 Marketing costs 524,000 Distribution costs 23,000 Total operating costs Operating profit < COGM and COGS Stmts 1,633,800 Income Stmt

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete this question by entering your answers in the tabs below. COGM and COGS Stmts Income Stmt Prepare a cost of goods manufactured and sold statement and an income statement. Omira Cycle Parts Income Statement + For the Year Ended December 31 Sales revenue $ 22,756,000 Less: Cost of goods sold 13,802,000 Gross margin $ 8,954,000 Administrative salaries 966,000 Attorney fees to settle zoning dispute 120,800 Marketing costs 524,000 Distribution costs 23,000 Total operating costs Operating profit < COGM and COGS Stmts 1,633,800 Income Stmt
Transcribed Image Text:Complete this question by entering your answers in the tabs below. COGM and COGS Stmts Income Stmt Prepare a cost of goods manufactured and sold statement and an income statement. Omira Cycle Parts Income Statement + For the Year Ended December 31 Sales revenue $ 22,756,000 Less: Cost of goods sold 13,802,000 Gross margin $ 8,954,000 Administrative salaries 966,000 Attorney fees to settle zoning dispute 120,800 Marketing costs 524,000 Distribution costs 23,000 Total operating costs Operating profit < COGM and COGS Stmts 1,633,800 Income Stmt
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