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Not sure how to make this income statement. My teacher just kind of threw this at us, can anyone help explain it? 1 Data Table
Not sure how to make this income statement. My teacher just kind of threw this at us, can anyone help explain it?
1 Data Table Ending Inventories: Raw Materials Work-in-Process Finished goods Other information: Raw materials purchases Plant janitorial services Sales salaries Delivery costs Sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor Beginning $ 14,000 $ 6,500 2,000 5,600 $ 38,000 300 5,600 1,700 115,000 1,000 11,000 1,800 19,000 Print Done
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