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K Prepare the income statement for South Marine Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured
K Prepare the income statement for South Marine Company, for the most recent year, using the amounts and the schedule of cost of goods manufactured below. Assume that the company sold 34,000 units of its product at a price of $16 each during the year. (Click the icon to view the amounts.) (Click the icon to view the schedule.) Sales revenue Cost of goods sold: Beginning finished goods inventory Cost of goods manufactured Cost of goods available for sale Ending finished goods inventory Cost of goods sold Gross profit Operating expenses: Marketing expenses General and administrative expenses Total operating expenses Operating income ..... South Marine Company Income Statement For Last Year
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