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Kelley Company has the following information for the year ended December 31, 2018. (Click the icon to view the information.) Use the information to

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Kelley Company has the following information for the year ended December 31, 2018. (Click the icon to view the information.) Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions. Begin by preparing a schedule of cost of goods manufactured. Kelley Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 (in millions) Data Table Inventory balances: Beginning Ending 9 18 13 14 Cost of Goods Manufactured Work-in-Process Finished Goods Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used Print Done $ 420 25 48 62 24

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