****ONLY TEXT ANSWERS**** Please no handwritten responses.

Using the Internet, locate the most recent financial report of a company of your choosing. The company you select to research must be in the business of manufacturing a product. If the required information is not available, then you will need to select a different company. Write an initial post by responding to the following:

• Do not research the company listed in the text.
• What categories of inventory does the company show in its inventories footnote under Notes to Consolidated Financial Statements?
• Using the income statement and inventory information from the footnote, calculate the cost of finished goods manufactured for the most recent year.
• What elements of manufacturing overhead can you identify using the annual report?