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I need a formal cost of good sold schedule and a formal income statement with these numbers one building- office is 25% of it and
I need a formal cost of good sold schedule and a formal income statement with these numbers
one building- office is 25% of it and production is 75%
Administrative salaries Advertising Depreciation Direct Labor Direct Materials Used Finished Goods Inventory, Beginning of Year Finished Goods Inventory, End of Year Indirect Labor Indirect Materials Maintenance-factory Rent Sales Sales commissions (5% of Sales) Shipping expenses Utilities Work-in-Process Inventory, Beginning of Year Work-in-Process Inventory, End of Year $ 69,000 42,000 22,000 425,000 290,000 80,000 69,000 14,200 9,500 8,600 42,000 1,100,000 55,000 11,000 13,000 8,000 11,000 Step by Step Solution
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