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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, 20122012December 31, 2012
Raw materials inventory$21,000$30,000
Work in process inventory13,50017,200
Finished goods inventory27,00021,000
Materials purchased$150,000
Direct labor220,000
Manufacturing overhead180,000
Sales910,000

image text in transcribed

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