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A fire on the premises of montreal inc destroyed most of its records. Below is an incomplete set of data for operations in 2022 raw
A fire on the premises of montreal inc destroyed most of its records. Below is an incomplete set of data for operations in 2022 raw materials beginning inventory 13000 purchases 13000 direct materials used 20000 direct labout 25000 overhead 8000 wip beg 8000 wip end 7000 fg beg 6000 cogs 55000 gross profit 9000 operating income loss -4000 Prepare a cost of goods manufactured schedule and an income statement (Assume all raw materials used were direct materials).
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