Chapter 3.A, Problem 6P

To determine

Requirement1:

TheComputation of balances of various accounts.

Preparation of schedule showing the cost of goods manufactured, cost of goods sold and statement of income earned describes the computation of schedule showing cost of goods manufactured, cost of goods sold and Statement of operating income earned for the production activities.

To determine

Requirement2:

The Schedule showing the cost of goods manufactured.

To determine

Requirement3:

The schedule showing the cost of goods sold.

To determine

Requirement4:

The Statement of income for the period.