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I NEED HELP !!! Superior Company provided the following data for the year ended December 31 (al row materials are used in production as direct
I NEED HELP !!!
Superior Company provided the following data for the year ended December 31 (al row materials are used in production as direct inentory balances at the beginning and end of the year were as follows The total manutacturing costs added to production for the year were $685.000, the cost of goods available for sale totaled $720.000 the unadjusted cost of goods sold totaled $667,000, and the net operating income was $31,000. The company's underapplied of overapplied overhead 15 closed to Cost of Goods Sold Required: Required. Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint Prepare the income Shatement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured) Complete this question by entering your answers in the tabs below. Picpare an income statement for the year. statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Complete this question by entering your answers in the tabs below. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Prepare a schedule of of statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured) Complete this question by entering your answers in the tabs below. PreDare a schedule of cost of goods manufactured Step by Step Solution
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