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Bushidiot Corporation has the lo for the month of December 2010 poration has the following income statement and cost of goods manufactured statement data 23,000

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Bushidiot Corporation has the lo for the month of December 2010 "poration has the following income statement and cost of goods manufactured statement data 23,000 38,000 30,000 45,000 97,000 Materials Inventory, December 1 Materials Inventory, December 31 Materials purchased Cost of direct materials used in production Direct Labor Factory Overhead Total manufacturing costs incurred in December Total manufacturing costs Work in Process inventory, December 1 Work in Process inventory, December 31 Cost of Goods Manufactured Finished Goods inventory, December 1 Finished Goods inventory, December 31 Sales Cost of Goods Sold Gross Profit Operating Expenses Net Income/Loss 10,000 8,000 18,000 10,000 117,000 10,000 45,000 ructions: 1.) Determine the amounts of the missing items. Fill in the missing amounts in the above blank spaces. 2.) Prepare a Statement of Cost of Goods Manufactured for Bushidiot Corporation. 3.) Prepare an Income Statement for Bushidiot Corporation

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