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Exercise 171 Howard Print Shop prepares the following schedule and financial statements on a yearly basis: For each item, indicate the schedule and/or financial statements

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Exercise 171 Howard Print Shop prepares the following schedule and financial statements on a yearly basis: For each item, indicate the schedule and/or financial statements in which the item will appear 1. Direct labor 2 Office supplies used 3. Depreciation on printing machines 4. Finished goods inventory, 12/31 5. Raw materials inventory, 1/1 6. Cost of goods manufactured 7. Work in process, 1/1 8. Office supplies inventory, 12/31 9. Indirect labor 10. Heat and electricity for the print shop

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