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Income Statement, Cost of Services Provided, service a structions Labels and Amount Descriptions Cost Calculations Income stament Instructions Berry Company is an architectural cated
Income Statement, Cost of Services Provided, service a structions Labels and Amount Descriptions Cost Calculations Income stament Instructions Berry Company is an architectural cated in Debut Michigan. The company works with small and medium size construction businesses to prepare building plans according to the Number of design compan Beginning inventory of 700 designe $20,000 Beginning inventory of designs in process 80.000 Ending inventory of direct material 10.000 Ending inventory of designs in process 100.000 Purchases, direct mataas 40.000 Direct labor 800.000 Manufacturing overhead 100.000 150.000 Seling expense 00,000 Beginning inventory of finished design 300,000 200.000 Ending inventory of fished design Required 1. Calculate the cost of goods manufactured 2. Calculate the cost of goods sold 3. Assume that the average tee for a design is $2,100. Prepare an income statement for Berry
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