Question
https://jnj.brightspotcdn.com/88/3f/b666368546bcab9fd520594a6016/2017-0310-ar-bookmarked.pdf
https://jnj.brightspotcdn.com/88/3f/b666368546bcab9fd520594a6016/2017-0310-ar-bookmarked.pdf <--- link to the annual report
http://financials.morningstar.com/income-statement/is.html?t=JNJ <----- link to income statement
What categories of inventory does the company show in its inventories footnote under Notes to Consolidated Financial Statements? Using the income statement and inventory information from the footnote, calculate the cost of finished goods manufactured for the most recent year. What elements of manufacturing overhead can you identify using the annual report? http://financials.morningstar.com/income-statement/is.html?t=JNJ
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