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Prepare schedule of earnings per share and schedule of dividends per share and create an income statement N'Cinco Manufacturing Co. Total Points 6 Schedule of
Prepare schedule of earnings per share and schedule of dividends per share and create an income statement
N'Cinco Manufacturing Co. Total Points 6 Schedule of Earnings per Share You Earned 6 For the year ended December 31, 2020 N'Cinco Manufacturing Co. Total Points 6 Schedule of Dividends per Share You Earned 6 For the year ended December 31, 2020 N'Cinco Manufacturing Co. Account Balances and Financial Statement Data For the year ended December 31 2020 Accounting and Legal Department Expense $ 4,706,600 Advertising Expense 13,808,100 Amortization Expense: Marketing 996,400 Bad Debts Expense 3,720,800 Corporate Salaries Expense 65,355,800 Delivery Expense 7,687,300 Depreciation Expense: Corporate 5,126,100 Depreciation Expense: Delivery Equipment 2,476,300 Depreciation: Factory and Equipment 9,874,200 Direct Labor 29,568,800 Dividends Declared 91,390,000 Factory Machine Maintenance 4,017,500 Factory Machine Supplies Used 919,200 Freight-In 1,727,300 HR Department Expense 1,813,000 Idle Time: Factory 426,800 Income Tax Expense 81,040,200 Indirect Labor: Factory 8,754,800 Indirect Materials: Factory 1,724,200 Insurance Expense: General 1,544,000 Insurance: Factory 1,186,000 Interest Expense 4,076,300 Interest Revenue 445,600 IT Department Expense 3,187,000 Janitorial Expense: Corporate Offices 999,400 Janitorial Wages: Factory 2,277,700 Manufacturing Office Salaries 280,600 Marketing Expenses 2,138,100 Miscellaneous Expense: General 3,526,500 Miscellaneous Expense: Selling 399,700 Miscellaneous Production Costs 936,400 Miscellaneous Revenue 358,400 Net Purchases of Raw Materials 102,990,200 Overtime Premium: Factory 445,500 Production Quality Control 2,180,900 Production Supervisor's Salaries 13,357,500 Promotion Expenses 4,354,600 Real Estate Tax Expense: General 748,000 Real Estate Taxes: Factory 502,000 Sales Commissions Expense 23,598,700 Sales Office Expense 801,000 Sales Returns and Allowances 281,000 Sales Revenue 577,678,600 Real Estate Tax Expense: General 748,000 Real Estate Taxes: Factory 502,000 Sales Commissions Expense 23,598,700 Sales Office Expense 801,000 Sales Returns and Allowances 281,000 Sales Revenue 577,678,600 Sales Salaries Expense 37,361,100 Supplies Expense: General 582,600 Utilities Expense: Corporate Offices 1,633,700 Utilities: Factory 3,574,000 Gain on Sale of Equipment 60,000 Inventories at December 31: 2020 2019 Raw Materials Inventory $ 7,637,100 $ 8,317,700 Work In Process Inventory 2,949,600 2,158,400 Finished Goods Inventory 7,498,100 7,885,100 Common Shares Outstanding 5,000,000 N'Cinco Manufacturing Co. Total Points 6 Schedule of Earnings per Share You Earned 6 For the year ended December 31, 2020 N'Cinco Manufacturing Co. Total Points 6 Schedule of Dividends per Share You Earned 6 For the year ended December 31, 2020 N'Cinco Manufacturing Co. Account Balances and Financial Statement Data For the year ended December 31 2020 Accounting and Legal Department Expense $ 4,706,600 Advertising Expense 13,808,100 Amortization Expense: Marketing 996,400 Bad Debts Expense 3,720,800 Corporate Salaries Expense 65,355,800 Delivery Expense 7,687,300 Depreciation Expense: Corporate 5,126,100 Depreciation Expense: Delivery Equipment 2,476,300 Depreciation: Factory and Equipment 9,874,200 Direct Labor 29,568,800 Dividends Declared 91,390,000 Factory Machine Maintenance 4,017,500 Factory Machine Supplies Used 919,200 Freight-In 1,727,300 HR Department Expense 1,813,000 Idle Time: Factory 426,800 Income Tax Expense 81,040,200 Indirect Labor: Factory 8,754,800 Indirect Materials: Factory 1,724,200 Insurance Expense: General 1,544,000 Insurance: Factory 1,186,000 Interest Expense 4,076,300 Interest Revenue 445,600 IT Department Expense 3,187,000 Janitorial Expense: Corporate Offices 999,400 Janitorial Wages: Factory 2,277,700 Manufacturing Office Salaries 280,600 Marketing Expenses 2,138,100 Miscellaneous Expense: General 3,526,500 Miscellaneous Expense: Selling 399,700 Miscellaneous Production Costs 936,400 Miscellaneous Revenue 358,400 Net Purchases of Raw Materials 102,990,200 Overtime Premium: Factory 445,500 Production Quality Control 2,180,900 Production Supervisor's Salaries 13,357,500 Promotion Expenses 4,354,600 Real Estate Tax Expense: General 748,000 Real Estate Taxes: Factory 502,000 Sales Commissions Expense 23,598,700 Sales Office Expense 801,000 Sales Returns and Allowances 281,000 Sales Revenue 577,678,600 Real Estate Tax Expense: General 748,000 Real Estate Taxes: Factory 502,000 Sales Commissions Expense 23,598,700 Sales Office Expense 801,000 Sales Returns and Allowances 281,000 Sales Revenue 577,678,600 Sales Salaries Expense 37,361,100 Supplies Expense: General 582,600 Utilities Expense: Corporate Offices 1,633,700 Utilities: Factory 3,574,000 Gain on Sale of Equipment 60,000 Inventories at December 31: 2020 2019 Raw Materials Inventory $ 7,637,100 $ 8,317,700 Work In Process Inventory 2,949,600 2,158,400 Finished Goods Inventory 7,498,100 7,885,100 Common Shares Outstanding 5,000,000Step by Step Solution
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