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(LO 2-2,4) 253. Prepare Stat ements for a Manufacturing Company Pioneer Parts, a manufacturer of windows for commercial buikings, reports the following account information for
(LO 2-2,4) 253. Prepare Stat ements for a Manufacturing Company Pioneer Parts, a manufacturer of windows for commercial buikings, reports the following account information for last year (all costs are in thous ands of do llars) Chapter 2 Cost Concepts and Behavior Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory.. Finished goods inventory. $ 18 24 328 Information for the year Administrative costs. Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilites.. Indirect factory labor. Indirect materials and supplies Marketing costs... Property taxes on factory. Sales revenue $720 2,120 1,640 2,320 420 180 560 140 300 56 9,080 Information on December 31 (Ending): Direct materials inventory Work-in-process inventory.. Finished goods inventory $16 28 294 Require d Prepare an income statement with a support ing cost of goods so ld statement
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