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Problem 6-6 $ 7,500,000 200,0002 240,0003 - 360,000 | Sales Inventories-January 1 2 Raw materials Goods in process 4 Finished goods 5 8 Inventories-December 31
Problem 6-6 $ 7,500,000 200,0002 240,0003 - 360,000 | Sales Inventories-January 1 2 Raw materials Goods in process 4 Finished goods 5 8 Inventories-December 31 6 F Raw materials 7 Goods in process 8 Finished goods 9 Accounting and legal fees 10 Advertising Delivery expenses- 12 Depreciation-machinery Depreciation-office equipment tu Depreciation-store equipment s Direct labor 16 Earthquake loss Factory supplies used 8 b Gain from expropriation of asset - 19 Gain on sale of equipment Income tax expense 21 Indirect labor 21- Interest income 23 Light, heat, and power Luc Office expenses 25 Office salaries - 261) Purchases 24 Rent-factory building - 2 Repair and maintenance-machinery 19 Sales retums and allowances so Sales salaries 31 Superintendence 280.0005 170,000 6 300,000+ 150,0008 160,0009 200,000 -60,000 lt - 40,000 h 70,000 $ 50,000 tu 300,000 110,000 100.000 12 100,000 8 320,000 250,000 L 10,000 320,000 250,000 3 150,00011 3,000,000 25 -120,000 2 50,0002 50,000 2 400,000 29 210,000 30 Required: Prepare a multiple-step-income statement with supporting statement of cost of goods manufactured
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