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Pinning, Inc. manufactures cars. During 2021 , the following period costs in dollars were incurred: S A Information regarding manufacturing costs in dollars during 2021
Pinning, Inc. manufactures cars. During 2021 , the following period costs in dollars were incurred: S A Information regarding manufacturing costs in dollars during 2021 (there are no initial inventories) is as follows: During the year, 120 completed cars were manufactured, of which 90 were sold at 20,000 dollars per unit. (Assume that the amount of the ending inventory of finished goods and the cost of goods sold are determined using the average per-unit cost of manufacturing a completed bicycle.) Prepare the income statement up to EBIT (net operating income) of Pinning, Inc. for 2021
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