Question
Prepare an income statement through gross profit. photos attached for format- must provide answers for all the blanks, and use the titles included in the
Prepare an income statement through gross profit.
photos attached for format- must provide answers for all the blanks, and use the titles included in the second photo attached
this is second part of the question- if you need more information please let me know!
must follow format of attached photo- and provide answers for each blank
list of titles is attached in photo-must use these titles for blanks
The following information is available for Aikman Company.
| January 1, 2012 | 2012 | December 31, 2012 |
| Raw materials inventory | $21,000 | $30,000 |
| Work in process inventory | 13,500 | 17,200 |
| Finished goods inventory | 27,000 | 21,000 |
| Materials purchased | $150,000 | |
| Direct labor | 220,000 | |
| Manufacturing overhead | 180,000 | |
| Sales | 910,000 |
|
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
