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P18-28A Preparing a schedule of cost of goods manufactured and an income statement for a manufacturing company Gourmet Bones manufactures its own brand of pet

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P18-28A 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 2018, the accounting records showed the following: Balances: Direct Materials Work-in-Process Inventory Beginning 13,500 0 Ending 7,500 3,500 5,200 Finished Goods Inventory 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 1,200 23,000 Requirements 1. Prepare a schedule of cost of goods manufactured for Gourmet Bones for the 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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