E2-2A

Schedule of Cost of Goods Manufactured and Sold At December 31, 2016, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2016 E2-1A. 25,000 5,000 30,000 3 3 Net delivered cost of materials purchased. . . . . . . . . . . . ..148,000 10,000 Selling expenses (total). Non-factory administrative expenses (total).. Prepare a schedule of cost of goods manufactured and sold for Lederman Manufacturing Corporation the year ended December 31, 2016, assuming that there were no other manufacturing overhead items than those listed above. E2-2A. Income Statement Lederman Manufacturing Corporation (see E2-1A) sold 15,000 units of product for $40 each during 2016. During the year, 5,000 shares of common stock were outstanding. Prepare an income statement for the year (ignore income taxes)