The ing ilrmti fremthe ing rerf AC Company fr lt ye ben taken Sing pen Ra Marh la Ju Re Mar la. De E Fatery Det Labr C DepFatry Pers Re Ma ler Fry Seplies Fatry d Ep diret Laber Mait .acry WIP INN.Jan. WIP INN.. JH Fiied Finihed Gd la. Dec. I 2 I nle. Jan Lepar dfcf dh mlatered Compate the tf gd Angthe dat e nds ppa lacome amat
The ing ilrmti fremthe ing rerf AC Company fr lt ye ben taken Sing pen Ra Marh la Ju Re Mar la. De E Fatery Det Labr C DepFatry Pers Re Ma ler Fry Seplies Fatry d Ep diret Laber Mait .acry WIP INN.Jan. WIP INN.. JH Fiied Finihed Gd la. Dec. I 2 I nle. Jan Lepar dfcf dh mlatered Compate the tf gd Angthe dat e nds ppa lacome amat
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![The fellowing information han been taken
from the accounting reerd ef ABC Company for
last year
Selling espensen
Raw Mat's Iav. Jan.
Raw Mar's lav. Dec. JI
Lities. Factery
Direct Labor Cost
IS,000
162.000
Depa. Factery
Purchases. Raw Mat'h.
HL000
4000
Sales
laseranee, Factery
Supplies. Factery
Admin, Expenes
Indirect Laber
Maistenane, Fartery
WIP INV.Jan. I
WIP INV. Dee. 31
Finished Goods las. Jan 2e
Finished Goods lav. Dec. 31 21000
27
Requiredi
1. Prepare a schedule of cust of goods manufactured.
1. Compute the cont of goeds d.
J. Using the dataerded frem ()and (2k prepare
an Income Statement.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa49fbd7d-46ee-4b43-9d97-aa10d03bbcdd%2Fac16f7ce-f250-4ddd-ab11-6d7af9bc1f3b%2Fopa17w_processed.png&w=3840&q=75)
Transcribed Image Text:The fellowing information han been taken
from the accounting reerd ef ABC Company for
last year
Selling espensen
Raw Mat's Iav. Jan.
Raw Mar's lav. Dec. JI
Lities. Factery
Direct Labor Cost
IS,000
162.000
Depa. Factery
Purchases. Raw Mat'h.
HL000
4000
Sales
laseranee, Factery
Supplies. Factery
Admin, Expenes
Indirect Laber
Maistenane, Fartery
WIP INV.Jan. I
WIP INV. Dee. 31
Finished Goods las. Jan 2e
Finished Goods lav. Dec. 31 21000
27
Requiredi
1. Prepare a schedule of cust of goods manufactured.
1. Compute the cont of goeds d.
J. Using the dataerded frem ()and (2k prepare
an Income Statement.
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