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2. Fill in the missing items for the following Cost of Goods Manufactured Schedule and Income Statement. Assume each company is independent. Print the formulas
2. Fill in the missing items for the following Cost of Goods Manufactured Schedule and Income Statement. Assume each company is independent. Print the formulas in Excel (CNRL --> A Co. 80 B C 140 ? 10 C C 760 50 Cost of Goods Manufactured Direct Materials - Direct Labor -Manufacturing Overhead Total Manufacturing Costs + Beginning Work in Process - Ending Work in Process Cost of Goods Manufactured 150 120 350 ? 20 D Co. 200 100 470 ? 710 10 2220 2760 1,100 900 360 90 560 Income Statement Sales Beginning Finished Goods Cost of Goods Manufactured Ending Finished Goods Cost of Goods Sold Gross Profit (Gross Margin) Operating Expenses Operating Income (Loss)
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