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1 The following information is taken from the February 28, 2019, adjusted trial balance and other records of Pippa's Aero flight: 67,200 90,400 7,000 75,200
1 The following information is taken from the February 28, 2019, adjusted trial balance and other records of Pippa's Aero flight: 67,200 90,400 7,000 75,200 125,000 Manufacturing overhead cost incurred Direct Factory salaries Indirect materials included in manufacturing overhead incurred Manufacturing overhead applied to Work in Process Direct materials purchases Inventories: Direct materials, beginning balance 12,200 Direct materials, ending balance 19,600 Work in process, beginning balance 17,300 Work in process, ending balance 21,900 Finished goods, beginning balance 18,400 Finished goods, ending balance 14,500 Required: a. Prepare a Schedule of Costs Manufactured b. Prepare a Schedule of Cost of Goods Sold C. Prepare an Income Statement
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