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Exercise 15-14 The following information is available for Aikman Company January 1, 2017 2017December 31,2017 Raw materials inventory Work in process inventory Finished goods inventory

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Exercise 15-14 The following information is available for Aikman Company January 1, 2017 2017December 31,2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $24,630 17,070 29,770 $32,120 18,650 22,440 $154,230 223,580 183,680 901,360 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Prepare an income statement through gross profit. AIKMAN COMPANY Income Statement (Partial) Show the presentation of the ending inventories on the December 31, 2017, balance sheet. AIKMAN COMPANY (Partial) Balance Sheet

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