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id number 123456 ey Manufacturing Company is a producer of music compact discs (CDs) and tapes. The following account balances are for the year ended
id number 123456
ey Manufacturing Company is a producer of music compact discs (CDs) and tapes. The following account balances are for the year ended December 31, 2017 Administrative expenses Depreciation expense -Manufacturing equipment Direct labor Manufacturing supplies expense Indirect labor Direct materials purchases Rent expense-Factory Sales 60,000 50,000 468,000 40,000 36,000 Plug in the las 6 digits of your ID) 28,000 1,400,000 72,000 126,000 Selling expense Other manufacturing overhead Beginning inventories, January 1 Direct materials Work in process Finished goods Ending inventories, December 31 Direct materials Work in process 56,000 Finished goods Instructions: 14,000 20,000 128,000 44,000 (Plug in the last 5 digits of your ID) Prepare a statement of cost of goods manufactured for Presley Manufacturing Company for the year Prepare an income statement for the year ended December 31Step by Step Solution
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