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Question 1 Salma Sweet manufactures ice cream to be distributed around the restaurants in Yanbu. Some of its costs from the current year include: In
Question 1 Salma Sweet manufactures ice cream to be distributed around the restaurants in Yanbu. Some of its costs from the current year include: In addition, the following information is available at the end of the year 1. 2. 40% of the insurance expenses is for factory building and the remaining for 3. Out of the total utilities expenses, 55% is allocated for factory building and the office building 4. 60% of petrol/gasoline expenses is used in office buildings and the remaining remaining for office building. amount is used in factory buildings. Required: 1.. Prepare a schedule of cost of goods manufactured for the company. 6. Prepare the company income statement
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