Several items are omitted from each of the following income statement and cost of goods manufactured statement

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Several items are omitted from each of the following income statement and cost of goods manufactured statement data for the month of December 2012:

Margo Company $ 47,000 Rita Company Materials inventory, December 1 $ 139,500 Materials inventory, December 31 (a) 65,10

1. Determine the amounts of the missing items, identifying them by letter.
2. Prepare a statement of cost of goods manufactured for Margo Company.
3. Prepare an income statement for Margo Company.

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Accounting

ISBN: 9780538475006

24th Edition

Authors: Carl S Warren, James M Reeve, Jonathan Duchac

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