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A fire on the premises of Carla Vista Inc. destroyed most of its records. Below is an incomplete set of data for operations in 2022:
A fire on the premises of Carla Vista Inc. destroyed most of its records. Below is an incomplete set of data for operations in 2022: Sales Raw materials, beginning inventory $14,170 Purchases 14,170 Raw materials, ending inventory Direct materials 21,800 Direct labour 27,250 Factory overhead 8,720 Manufacturing costs added during the year ? Work in process, beginning inventory 8,720 Work in process, ending inventory 7,630 Cost of goods manufactured ? Finished goods, beginning inventory 6,540 Finished goods, ending inventory Cost of goods sold 59,950 Gross profit 9,810) Operating expenses ? Operating income (loss) (4,360) Prepare a schedule for the cost of goods sold. CARLA VISTAINC. Schedule of Cost of Goods Sold $ Prepare an income statement for 2022. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e.g. (45).) CARLA VISTAINC. Income Statement
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