complete a schedule of cost of goods Manufactured and manufacturing compnay income statement. use the cost of goods manufactured that was developped in the schedule of cost of goods stament in the income stamentement
please show your work on how to break even
A17 Manufacturing Income Statement Data C D E F G H M K 19 Income taxes 55500 56000 53500 54000 54500 55000 20 Beginning finished goods 250 500 750 1000 1250 1500 21 Supplies expense 22 Ending finished goods inventory 23 Cost of goods manufactured 24 Wage expense 5300 6800 62550 5600 5900 6200 6500 60425 60850 61275 61700 62125 660750 660375 661125 661875 661500 662250 120500 120625 120125 120250 120375 120750 25 Depreciation expense 26 Rent expense 9000 9750 10500 6750 7500 8250 100075 100100 100050 100125 100150 100025 10225 10300 10375 10450 10075 10150 27 Insurance expense 28 29 30 31 32 33 34 35 Schocule of Cot of Goods Manufocared Yeor Ended December 31, 2020 Beginning Work-in-Process Inventory Direct Materials Used: $ 80,000 Beginning Direct Materials Purchases of Direct Materials (including Freight in) $ 70,000 350,000 Direct Materials Available for Use 420,000 Ending Direct Materials (65,000) Direct Materials Used $ 355,000 Direct Labor 169,000 Manufacturing Overhead: Indirect Materials 17,000 Indirect Labor 28,000 E Depreciation-Plant and Equipment Plant Utilities, Insurance, and Property Taxes 20,000 18,000 Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory 83,000 607,000 687,000 (27,000) Cost of Goods Manufactured 000 099 S Use the column based upon May and June Breakeven Chart May-Jun $16.00 Jul-Aug Nov-Dec Sept-Oct Jan-Feb Mar-Apr $22.00 $18.00 $20.00 $12.00 $14.00 Sale Price $12.00 $8.00 $18,000.00 $10.00 $6.00 $16,000.00 $4.00 $2.00 Variable costs $22,000.00 $20,000.00 $14,000.00 $12,000.00 Fixed Costs Use the column based upon May & June Use the following information and prepare a Statement of Cash Flows in good form Mar-Apr Sept-Oct Nov-Dec Jul-Aug May Jun Jan-Feb 107000 97000 87000 77000 67000 57000 Net Income 45000 35000 40000 25000 30000 20000 Depreciation Purchased fixed assets paying cash Received $90,000 cash for issuance of notes payable Received $120,000 cash for issuance of common stock Paid $20,000 for purchase of treasury stock Ending cash balance 310000 310000 310000 310000 310000 310000 90000 90000 90000 90000 90000 90000 120000 120000 120000 120000 120000 120000 20000 20000 20000 20000 20000 20000 125000 110000 95000 80000 50000 65000 Nov-Dec Jul-Aug Sept-Oct May-Jun Mar-Apr Jan-Feb Class Start Date 2017 2016 2016 2017 2017 2016 2017 2016 2016 2017 2016 2017 Assets 20000 Current assets: 20000 110000 75000 20000 125000 95000 20000 20000 80000 20000 65000 50000 85000 75000 85000 Cash 85000 75000 85000 85000 75000 75000 85000 75000 80000 80000 100000 100000 Accounts receivable 80000 100000 100000 80000 80000 100000 80000 100000 Inventory 120000 430000 Long-term assets Plant assets 120000 430000 120000 430000 120000 430000 120000 120000 430000 430000 9000 9000 12000 12000 9000 9000 12000 12000 9000 12000 9000 12000 M N C E G H K 80000 100000 80000 100000 100000 80000 100000 80000 Inventory 100000 80000 100000 80000 Long-term assets 430000 120000 120000 120000 120000 430000 120000 430000 430000 430000 Plant assets 430000 120000 9000 12000 9000 12000 9000 9000 12000 Accumulated depreciation 12000 9000 12000 12000 9000 314000 314000 727000 742000 314000 697000 314000 712000 314000 667000 314000 682000 Total Assets Liabilities Current liabilities 20000 32000 20000 32000 32000 20000 32000 20000 20000 32000 20000 Accounts payable 32000 86000 86000 15000 86000 15000 15000 86000 15000 86000 86000 15000 15000 Accrued liabilities Long-term liabilities Notes payable C 90000 90000 90000 90000 90000 90000 35000 35000 208000 208000 35000 35000 208000 208000 208000 35000 35000 208000 Total liabilities 100000 Stockholders equity 100000 220000 100000 220000 220000 220000 100000 100000 220000 100000 220000 179000 219000 179000 179000 219000 Common stock 179000 219000 219000 179000 179000 219000 219000 C Retained earnings Treasury stock Total stockholders equity Total stockholders equity and liabilities 20000 20000 C 20000 20000 C 20000 C 20000 459000 459000 667000 314000 279000 279000 279000 459000 279000 459000 279000 459000 279000 459000 667000 314000 314000 667000 667000 314000 314000 667000 667000 314000 f Manufacturing Income Statement Data A17 K G H C D E 56000 55000 55500 54500 53500 54000 19 Income taxes 20 Beginning finished goods 21 Supplies expense 22 Ending finished goods inventory 23 Cost of goods manufactured 24 Wage expense 1250 1500 1000 750 500 250 6500 6800 6200 5600 5900 5300 62550 60850 62125 61275 61700 60425 662250 661875 661125 661500 660750 660375 120125 120625 120750 120500 120250 120375 10500 9750 7500 8250 9000 25 Depreciation expense 6750 100150 100050 100125 100100 100075 100025 26 Rent expense 10450 10375 10225 10300 10075 10150 27 Insurance expense 28 29 30 A17 Manufacturing Income Statement Data C D E F G H M K 19 Income taxes 55500 56000 53500 54000 54500 55000 20 Beginning finished goods 250 500 750 1000 1250 1500 21 Supplies expense 22 Ending finished goods inventory 23 Cost of goods manufactured 24 Wage expense 5300 6800 62550 5600 5900 6200 6500 60425 60850 61275 61700 62125 660750 660375 661125 661875 661500 662250 120500 120625 120125 120250 120375 120750 25 Depreciation expense 26 Rent expense 9000 9750 10500 6750 7500 8250 100075 100100 100050 100125 100150 100025 10225 10300 10375 10450 10075 10150 27 Insurance expense 28 29 30 31 32 33 34 35 Schocule of Cot of Goods Manufocared Yeor Ended December 31, 2020 Beginning Work-in-Process Inventory Direct Materials Used: $ 80,000 Beginning Direct Materials Purchases of Direct Materials (including Freight in) $ 70,000 350,000 Direct Materials Available for Use 420,000 Ending Direct Materials (65,000) Direct Materials Used $ 355,000 Direct Labor 169,000 Manufacturing Overhead: Indirect Materials 17,000 Indirect Labor 28,000 E Depreciation-Plant and Equipment Plant Utilities, Insurance, and Property Taxes 20,000 18,000 Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory 83,000 607,000 687,000 (27,000) Cost of Goods Manufactured 000 099 S Use the column based upon May and June Breakeven Chart May-Jun $16.00 Jul-Aug Nov-Dec Sept-Oct Jan-Feb Mar-Apr $22.00 $18.00 $20.00 $12.00 $14.00 Sale Price $12.00 $8.00 $18,000.00 $10.00 $6.00 $16,000.00 $4.00 $2.00 Variable costs $22,000.00 $20,000.00 $14,000.00 $12,000.00 Fixed Costs Use the column based upon May & June Use the following information and prepare a Statement of Cash Flows in good form Mar-Apr Sept-Oct Nov-Dec Jul-Aug May Jun Jan-Feb 107000 97000 87000 77000 67000 57000 Net Income 45000 35000 40000 25000 30000 20000 Depreciation Purchased fixed assets paying cash Received $90,000 cash for issuance of notes payable Received $120,000 cash for issuance of common stock Paid $20,000 for purchase of treasury stock Ending cash balance 310000 310000 310000 310000 310000 310000 90000 90000 90000 90000 90000 90000 120000 120000 120000 120000 120000 120000 20000 20000 20000 20000 20000 20000 125000 110000 95000 80000 50000 65000 Nov-Dec Jul-Aug Sept-Oct May-Jun Mar-Apr Jan-Feb Class Start Date 2017 2016 2016 2017 2017 2016 2017 2016 2016 2017 2016 2017 Assets 20000 Current assets: 20000 110000 75000 20000 125000 95000 20000 20000 80000 20000 65000 50000 85000 75000 85000 Cash 85000 75000 85000 85000 75000 75000 85000 75000 80000 80000 100000 100000 Accounts receivable 80000 100000 100000 80000 80000 100000 80000 100000 Inventory 120000 430000 Long-term assets Plant assets 120000 430000 120000 430000 120000 430000 120000 120000 430000 430000 9000 9000 12000 12000 9000 9000 12000 12000 9000 12000 9000 12000 M N C E G H K 80000 100000 80000 100000 100000 80000 100000 80000 Inventory 100000 80000 100000 80000 Long-term assets 430000 120000 120000 120000 120000 430000 120000 430000 430000 430000 Plant assets 430000 120000 9000 12000 9000 12000 9000 9000 12000 Accumulated depreciation 12000 9000 12000 12000 9000 314000 314000 727000 742000 314000 697000 314000 712000 314000 667000 314000 682000 Total Assets Liabilities Current liabilities 20000 32000 20000 32000 32000 20000 32000 20000 20000 32000 20000 Accounts payable 32000 86000 86000 15000 86000 15000 15000 86000 15000 86000 86000 15000 15000 Accrued liabilities Long-term liabilities Notes payable C 90000 90000 90000 90000 90000 90000 35000 35000 208000 208000 35000 35000 208000 208000 208000 35000 35000 208000 Total liabilities 100000 Stockholders equity 100000 220000 100000 220000 220000 220000 100000 100000 220000 100000 220000 179000 219000 179000 179000 219000 Common stock 179000 219000 219000 179000 179000 219000 219000 C Retained earnings Treasury stock Total stockholders equity Total stockholders equity and liabilities 20000 20000 C 20000 20000 C 20000 C 20000 459000 459000 667000 314000 279000 279000 279000 459000 279000 459000 279000 459000 279000 459000 667000 314000 314000 667000 667000 314000 314000 667000 667000 314000 f Manufacturing Income Statement Data A17 K G H C D E 56000 55000 55500 54500 53500 54000 19 Income taxes 20 Beginning finished goods 21 Supplies expense 22 Ending finished goods inventory 23 Cost of goods manufactured 24 Wage expense 1250 1500 1000 750 500 250 6500 6800 6200 5600 5900 5300 62550 60850 62125 61275 61700 60425 662250 661875 661125 661500 660750 660375 120125 120625 120750 120500 120250 120375 10500 9750 7500 8250 9000 25 Depreciation expense 6750 100150 100050 100125 100100 100075 100025 26 Rent expense 10450 10375 10225 10300 10075 10150 27 Insurance expense 28 29 30