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P16-28A Preparing a schedule of cost of goods manufactured and an incomeLearning Objective 3 statement for a manufacturing company 2. Operating income: $23,200 Gourmet Bones

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P16-28A Preparing a schedule of cost of goods manufactured and an incomeLearning Objective 3 statement for a manufacturing company 2. Operating income: $23,200 Gourmet Bones manufactures its own brand of pet chew bones. At the end of December 2018, the accounting records showed the following Beginning nding Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory 13,500 $7,500 ,500 5,200 Other information: Direct materials purchases Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor 36,000 700 6,000 1,300 107,000 1,300 17,000 ,200 23,000 Require 1. Prepare a schedule of cost of goods manufactured for Gourmet Bones for the ments 2. Prepare an income statement for Gourmet Bones for the year ended December 3. How does the format of the income statement for Gourmet Bones differ from the 4. Gourmet Bones manufactured 17,900 units of its product in 2018. Compute the year ended December 31, 2018. 31, 2018 income statement of a merchandiser? company's unit product cost for the year, rounded to the nearest cent

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