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Consider the following account balances (in thousands) for the Canseco Company Click the icon to view the account balances) Requirements 1. Prepare a schedule for
Consider the following account balances (in thousands) for the Canseco Company Click the icon to view the account balances) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues for 2017 were $200 mion. Prepare the income statement for 2017 Beginning inventory. Jan 12017 Purchases of dret materials Cost of awet materials available for use Ending inventory Dec 31, 2017 Direct matused Direct manufacturing labor Indirect manufacturing costs Indirect manufacturing labor Plant insurance Depreciation plant, bunding and equipment Repairs and maintenance plant Total Indirect manufacturing costs Choose from any list or enter any number in the input fields and then continue to the next question 0 Data Table the ctured for 2 e income s End of 2017 Beginning of 2017 23,000 26,000 13,000 Canseco Company Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer-service costs General and administrative costs 28,000 21,000 27,000 76,000 24,000 19,000 7,000 10,000 4,000 91,000 22,000 it fields Print Done
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