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Manufacturing Income Statement The first part is done https://www.chegg.com/homework-help/questions-and-answers/several-items-omitted-income-statement-cost-goods-manufactured-statement-data-two-differen-q23610260 Missing second and third chart. Several items are omitted from the income statement and cost of
Manufacturing Income Statement
The first part is done https://www.chegg.com/homework-help/questions-and-answers/several-items-omitted-income-statement-cost-goods-manufactured-statement-data-two-differen-q23610260
Missing second and third chart.
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December 2014: Grant Mcclellan Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during December Total manufacturing costs Work in process inventory, December 1 Work in process inventory, December 31 $83,390 $107.570 (a) 121.550 211,810242,030 223,490 314,380 97,570 120,480 b) 695,980 795,540 955,220 160,110 259,240 135,090 ()689,520 Finished goods inventory, December 1 140,930 120,480 Finished goods inventory, December 31 147,600 1,229,170 1,075,700 Cost of goods sold Gross profit Operating expenses Net income (d) 69s,98 160,110 f)238,810Step by Step Solution
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