P$-$M:$1-29$A Preparing a schedule of cost of goods manufactured and an income statement for a manufacturing company

Gourmet Bones manufactures its own brand of pet chew bones. At the end of December $2024,$ the accounting records showed the following:

$1\mathrm{.}2-48$ Full Alternative Text

Requirements

Prepare a schedule of cost of goods manufactured for Gourmet Bones for the year ended December $31,2024.$

Prepare an income statement for Gourmet Bones for the year ended December $31,2024.$

How does the format of the income statement for Gourmet Bones differ from the income statement of a merchandiser?

Gourmet Bones manufactured $17,900$ units of its product in $2024.$ Compute the company$$s unit product cost for the year, rounded to the nearest cent.