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P16-28A (similar to) Question Help Organic Bones manufactures its own brand of pet chew bones. At the end of December 2018, the sccounting records showed
P16-28A (similar to) Question Help Organic Bones manufactures its own brand of pet chew bones. At the end of December 2018, the sccounting records showed the following: 38 Click the icon to view the accounting records.) Read the requirements Requirement 1. Prepare a schedule of cost of goods manufactured for Organic Bones for the year ended December 31, 2018. (For accounts with a $0 balanos, make sure to enter "O' in the appropriate column) Organic Bones Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Direc: Materials Used: Requirements Direct Materials Used 1. Prepare a schedule of cost of goods manufactured for Organic Bones for the year ended December 31, 2018 2. Prepare an income statement for Organic Bones for the year ended December 31, 2018 3. How does the format of the income statement for Organic Bones differ from the income stale nental a merchandiser? 4. Organic Bones manufactured 17 200 units of its product in 2019. Compute the company's unit product cost for the year, rounded to the nearest cent. Manufacturing Overhead: Print Done Tolal Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured i Data Table - X Balances: Beginning $ 13,200 Direct Materials $ Ending 10,000 1,100 5,600 0 Work-in-Process Inventory Finished Goods Inventory Other information: Direct materials purchases $ Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant 35,000 900 5,700 1,500 112,000 1,500 14,000 1,600 16,000 Rent on plant Customer service hotline costs Direct labor Print Done Requirements 1. Prepare a schedule of cost of goods manufactured for Organic Bones for the year ended December 31, 2018. 2. Prepare an income statement for Organic Bones for the year ended December 31, 2018. 3. How does the format of the income statement for Organic Bones differ from the income statement of a merchandiser? 4. Organic Bones manufactured 17,200 units of its product in 2018. Compute the company's unit product cost for the year, rounded to the nearest cent. Print Done
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