1st question? others are for checking.

q1 is the complete question.

1st question.

Prepare the income statement for East Aquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured below. Assume that the company sold 41,000 units of its product at a price of $19 each during the year (Click the icon to view the amounts.) (Click the icon to view the schedule.) Data Table 779000 East Aquatic's Die-Cuts Schedule of Cost of Goods Manufactured $ 50,000 Beginning work in process inventory Add: Direct materials used Beginning raw materials inventory Purchases of direct materials $ 30,000 85.000 Available for use 115,000 (33,000) Check Answer Ending raw materials inventory Direct materials used $ 82,000 10 Data Table - X 85,000 779000 $ 16,000 11,500 Direct labour Manufacturing overhead: Indirect labour Insurance on plant Depreciation-plant building and equipment Repairs and maintenance-plant Total manufacturing costs incurred during the year Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 14,000 5,500 47,000 214,000 264,000 (36,000) $ 228,000 Print Done Page 1 of 1 10 of 145 words Which type(s) of companies prepare income statements and balance sheets? A. merchandising companies O B. service companies O C. manufacturing companies D. all types of companies Click to select your answer and then click Check Answer. When determining the cost of a manufactured product, a factory janitor's wages would be classified as cost A. an indirect OB. a period O C. a conversion OD. a direct Click to select your answer and then click Check Answer. All parts showing Clear All When determining the cost of a manufactured product, the cost of lighting the factory would be classified as cost. O A. a direct OB. a conversion O C. an indirect OD. a period Click to select your answer and then click Check Answer. Cost tracing is O A. the assignment of both direct and indirect costs associated with a cost object B. the assignment of direct costs to the chosen cost object O c. the process of determining the actual cost of the cost object D. a function of cost allocation Click to select your answer and then click Check Answer. 2.4-3 Inventoriable product costs consist of manufacturing overhead, direct labour and direct materials. True O False Click to select your answer and then click Check Answer. Score: 0 of 5 pts 3 of 8 (0 complete) E2-27A (similar to) Prepare the income statement for East Aquatic Company, for the most recent year, using the amounts and the schedule of cost of goods that the company sold 41,000 units of its product at a price of $19 each during the year. E (Click the icon to view the amounts.) (Click the icon to view the schedule.) East Aquatic Company Income Statement est For Last Year Sales revenue 779000 Cost of goods sold: Beginning finished goods inventory Cost of goods manufactured Cost of goods available for sale Ending finished goods inventory Cost of goods sold Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Ans Type here to search L Oguz Homework: Assignment -- Chapter 2 core: 0 of 5 pts 3 of 8 (0 complete) HW Score: 0 E2-27A (similar to) Questio Prepare the income statement for East Aquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured belo that the company sold 41,000 units of its product at a price of $19 each during the year. (Click the icon to view the amounts.) B (Click the icon to view the schedule.) Cost of goods available for sale Ending finished goods inventory Cost of goods sold Gross profit Operating expenses: Marketing expenses General and administrative expenses Total operating expenses Operating income Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer Clear All All parts showing L O Type here to search some statement for East Aquatic Company, for the most recent year, using the amounts and the schedule of cost of goods manufac any sold 41,000 units of its product at a price of $19 each during the year. e icon to view the amounts.) (Click the icon to view the schedule.) ost of goods available for sale Ending fini i Data Table t of goods oss profit erating exp Marketing End of Year General al $ 11,500 Cotal operating Beginning End of Year of Year $ 30,000 $ 33,000 Insurance on plant... 50,000 36,000 Depreciation-plant building 25,000 26,000 and equipment 85,000 Repairs and maintenance-plant. 85,000 Marketing expenses 16,000 General and administrative expenses - - - - - Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labour Indirect labour Operating inca 14,000 5,500 83,000 se from any list 36.000 nswer arts showing Print Done L w o search n to view the amounts.) (Click the icon to view the schedule.) goods available for sale - X i Data Table finished good oods sold ofit Schedule of Cost of Goods Manufactured ng expenses: Iketing expenses 50,000 eneral and administ operating expenses rating income $ 30,000 85,000 Beginning work in process inventory Add: Direct materials used Beginning raw materials inventory Purchases of direct materials Available for use Ending raw materials inventory Direct materials used Direct labour Manufacturing overhead: 115,000 (33,000) om any list or enter al $ 82,000 neck Answer showing 85,000 L O earch m to view the amounts.) (Click the icon to view the schedule.) goods available for sale a finished good Data Table Direct labour 85,000 goods sold Tofit ng expenses arketing expenses eneral and administ $ 16,000 11,500 14,000 5,500 operating expenses erating income 47.000 Manufacturing overhead: Indirect labour Insurance on plant Depreciation-plant building and equipment Repairs and maintenance-plant Total manufacturing costs incurred during the year Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 214,000 rom any list or enter al 264.000 (36.000) eck Answer s showing $ 228.000 L o search