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Outdoor Amenitles is a manufacturer of backyard and deck funiture. Its products are In high demand and i carles no nventory Following is a list
Outdoor Amenitles is a manufacturer of backyard and deck funiture. Its products are In high demand and i carles no nventory Following is a list of selected account balances from its trial balance for the most recent yearended December 31 (in no partkular order.) (Click the icon to view the December 31 account balances.) Read the requiraments Requirement 1, 2, 3, and 4. To solve for the amounts required, prepare the Income statement for Outdoor Amenities for the year ended December 31 Outdoor Amenities Income Statement For the Year Ended December 31 December 31 Account Balances Less S 37400 S 12,700 S 21,300 S 9,800 S 12,000 S 11,200 S 36,900 S 27,100 S 17,300 S 57,800 S 255,000 7,100 Salaries and wages (for administralive arnd sales slall) Stain (used in manufacturing furniture) Indirect labor costs (wages of maintenance workers in factory) Other manufacturing overhead (includes factory insurance and property taxes Rent and utilities (for administrative offices) Utility costs (relatad to factory) Labar costs (wages af carpenters who build furnitura) Accounts receivable Marketing costs Wood(used in manufacturing furniture) Sales revenues Accounts payable Less: PrintDone
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