1146 chapter 18 Learning Objectives 2,4 ed and an income 2. Net income: $38,500 P18-39B Preparing a schedule of cost of goods manufactured a statement for a manufacturing company Organic Bones manufactures its own brand of pet chew bones. A December 2014, the accounting records showed the following chew bones. At the end of Beginning $ 13,200 Ending $ 7.000 4,000 5,800 0 $ 31,000 Inventories: Raw Materials Work-in-Process Finished Goods Other information: Raw materials purchases Plant janitorial services Sales salaries Delivery costs Sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor 200 5,400 1,400 110,000 1,900 11.000 1,200 23,000 Requirements 1. Prepare a schedule of cost of goods manufactured for Organic Bones for the year ended December 31, 2014 2. Prepare an income statement for Organic Bones for the year ended December 31, 2014. 3. How does the format of the income statement for Organic Bones differ from the income statement of a merchandiser? 4. Organic Bones manufactured 15,400 units of its product in 2014. Compute the company's unit product cost for the year