Balance sheet data Raw materials inventory Work-in-process inventory Finished-goods inventory Flows during the year Raw material purchases Raw materials stolen [Expense as COGS] Manufacturing labor Manufacturing supervision Manufacturing depreciation Manufacturing utilities Cost of work-in-process thrown away (Expense as COGS] Advertising payments for Y2 and Y3. Allocate equally to Y2 and Y3. R&D costs [include in SG&A] Salesperson salaries and commissions Revenues Interest and taxes Questions Raw materials issued to work-in-process Cost of work-in process completed and moved to finished goods Cost of goods sold including shrinkage and theft Selling, general, and administrative expenses Net income Y1 Y2 341.00 452.00 781.00 894.00 801.00 981.00 Y2 285.00 31.00 127.00 210.00 312.00 191.00 45.00 32.00 46.00 278.00 1345.00 0.00 Year 2 Computations Raw materials issued to work-in-process Cost of work-in process completed and moved to finished goods Cost of goods sold including shrinkage and theft Selling, general, and administrative expenses Net income