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Help? Prepare the income statement for the second quarter of the year, using the cost of goods sold format. Round the results to the nearest

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Prepare the income statement for the second quarter of the year, using the cost of goods sold format. Round the results to the nearest euro. d. Exercise 2 CM Manufacturing has provided the following unit manufacture and use in the production of one of their main products: costs pertaining to a component they $31 Direct materials Direct labor (variable) Variable manufacturing overhead Fixed manufacturing overhead 9 72 29 A supplier has offered to provide the component to CM manufacturing for $500 per unit. If CM Manufacturing were to buy the component from the supplier, they could use the released facilities 95,000 220,000 S 171,000

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