Manufacturing Company: The companies which produce their own goods and sell it merchandiser or directly to customers are called manufacturing company. To determine : 1. Prepare Organic Bone’s schedule of cost of goods manufactured for the year ended December 31, 2016. 2. Prepare an income statement for the year ended December 31, 2016. 3. How does the format of the income statement for Organic Bones differ from the income statement of a merchandiser? 4. Compute the unit product cost for the year.

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Chapter 18, Problem P18.39BPGB

To determine

Manufacturing Company:

The companies which produce their own goods and sell it merchandiser or directly to customers are called manufacturing company.

To determine:

1. Prepare Organic Bone’s schedule of cost of goods manufactured for the year ended December 31, 2016.

2. Prepare an income statement for the year ended December 31, 2016.

3. How does the format of the income statement for Organic Bones differ from the income statement of a merchandiser?

4. Compute the unit product cost for the year.

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