Q11.

Part A. Prepare a condesnsed cost of goods manufactured schedule

Part B. Prepare an income statement.

The following information is available for Blossom Company at December 31, 2022: 1 Beginning of Year End of Year $11,200 $8,000 Inventory balance Finished Goods Work in Process Raw Materials 4,800 9,600 8,240 5,200 2 Debit postings to Work in Process Inventory during the year were: Direct materials $72,000 Direct labor 48,000 Manufacturing overhead applied 60.000 3. Sales totaled $248,000 for the year. (a) Prepare a condensed cost of goods manufactured schedule. BLOSSOMCOMPANY Cost of Goods Manufactured Schedule December 31, 2022 $ Prepare a condensed cost of goods manufactured schedule. BLOSSOMCOMPANY Cost of Goods Manufactured Schedule December 31, 2022 $ > > > $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above