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Function: SUM; Formula: Subtract, Cell Referencing N Using Excel To Prepare a Cost of Goods Manufactured Schedule and a Student Work Area Partial Income Statement
Function: SUM; Formula: Subtract, Cell Referencing N Using Excel To Prepare a Cost of Goods Manufactured Schedule and a Student Work Area Partial Income Statement Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas PROBLEM with cell references to the Problem or work area as indicated. Use the SUM function with cell The following is available for Aikman Company. references to add amounts as indicated. January 1, During the December 31, 9 2022 Year 2022 2022 a. 10 Raw materials inventory $ 21,000 $ 30,000 11 Work in process inventory 13,500 17,200 12 Finished goods inventory 27,000 21,000 13 Materials purchased $ 150,000 14 Direct labor 220,000 15 Manufacturing overhead 180,000 16 Sales revenue 910,000 17 18 a. Compute cost of goods manufactured. 19 b. Prepare an income statement through gross profit. 20 21 22 23 24 b Aikman Company 25 Income Statement (Partial) 26 For the Year Ended December 31, 2022 27 28 29 30 Enter Answer + DFile Home Insert Draw Page Layout Formulas Data ReView View Help .7 Comments 15' Share v A1 ' fr Function: SUM; Formula: Subtract. Cell Referencing .L A B \"we...\" \"VS\" ...W......, Ii ...... E FA. ...... G H | J K L M N 0 P Q R E 13 Materials purchased $ 150.000 14 Direct iaoor 220.000 ' ' 15 Manufacturing overhead 180.000 ' 15 Sales revenue 910.000 ' ' 17 ' ' 18 a. Compute cost otgoods manufactured. ' ' 19 o, Prepare an income statement through gross prot, I ' :1 3 a 22 23 24 t1 Aiicman Company 25 Income Statement (Partial) 26 For the Year Ended December 31' 2022 a? V V as ' 29 ' ' 30 ' ' 31 32 ' ' 33 ' 34 ' 35
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