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Prepare an income statement through gross profit. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) WILDHORSEMANUFACTURING

image text in transcribedimage text in transcribedimage text in transcribed Prepare an income statement through gross profit. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) WILDHORSEMANUFACTURING COMPANY (Partial) Income Statement 5 $ Prepare a cost of goods manufactured schedule. (Assume all raw materials used were direct materials.) WILDHORSEMANUFACTURING COMPANY Cost of Goods Manufactured 5chedule For the Year Ended December 31, 2022 Work in Process Inventory, (1/1) Direct Materlals RawMaterlals Imveritory, [1/1] Raw Materlals Purchases Total Row Materlals Avallable for Use Less V : Raw Materlals inventory, (12/31) Direct Materlals Used Direct Labour Manufacturing Overhead indirect Labour Factory Insurance Factory Machinery Depreclation Factory Utilltles Flant Manager's Salary Factory Property Taxes Factory Repolrs Total Manufacturlng Overhead Total Manufacturing Costs Total Cost of Work in Process Less Cost of Goods Marufactured $9650 145300 18300 7520 7840 13300 40950 7180 960 Current Attempt in Progress The following data were taken from the records of Wildhorse Manufacturing Company for the fiscal year ended December 31, 2022

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