The following data pertain to the Rodriguez Manufacturing Company for the year ended December 31, 2004.

Required:

a. Prepare a cost of goods manufactured schedule for 2004.

b. Prepare a cost of goods sold schedule for 2004.

c. Prepare a multiple-step income statement for 2004.

Transcribed Image Text:

Sales $1,124,000 Beginning direct material inventory 55,000 Ending direct material inventory 56,000 Beginning finished goods inventory 83,000 Ending finished goods inventory 96,000 Beginning work-in-process inventory 62,000 Ending work-in-process inventory 67,000 Direct material purchased 290,000 Direct labor cost 220,000 Manufacturing overhead 286,000 Selling expense Administrative expense 122,000 140,000