Prepare a schedule of cost of goods manufactured for october 2020

Crane Company is a manuf acturer of smart phones. its controller resiened in October 2020 . An ineperienced assistant accountart has prepared the following income statement for the month of October 2020. Prior to October 2020 , the company had been protitable every month. The company's president is concerned about the accuracy of the income statement. As her friend, you have been asked to review the income statement and make necessary corrections. After examining other manutacturing cost data you have acquired additional informasion as follows. 1. Inventory balances at the beginning and end of October were 2 Only 75% of the utilities expense and 600 S of the insurance expense apoly to factory operations. The remaining amounts should be charged to selling and administrative activities (a) Prepare a schedule of cost of cosds manufactured for October 2020 Crane Company is a manuf acturer of smart phones. its controller resiened in October 2020 . An ineperienced assistant accountart has prepared the following income statement for the month of October 2020. Prior to October 2020 , the company had been protitable every month. The company's president is concerned about the accuracy of the income statement. As her friend, you have been asked to review the income statement and make necessary corrections. After examining other manutacturing cost data you have acquired additional informasion as follows. 1. Inventory balances at the beginning and end of October were 2 Only 75% of the utilities expense and 600 S of the insurance expense apoly to factory operations. The remaining amounts should be charged to selling and administrative activities (a) Prepare a schedule of cost of cosds manufactured for October 2020