Requirement 2. Prepare an incomestament for Natural Bones for the younded December 31, 2018 For courts with a balance, make sure t o in the appropriate column) Natural Bones manufactures its own brand of pet chew bones. At the end of December 2018, the accounting records showed the following (Click the icon to view the accounting records) Read the requirements Income Statement Year Ended December 31, 2018 Requirements Net Sales Rever Cost of Goods Sold 1. Prepare a schedule of cost of goods manufactured for Natural Bones for the year ended December 31, 2018 2. Prepare an income statement for Natural Bones for the year ended December 31. 2018 3. How does the format of the income for Natural Bored from the income statement of a merchandiser? 4. Natural Bones manufactured 17.400 units of product in 2018. Compute the company's unit product cost for the wounded to the newest cert Cost of Goods Sold Gross Pott Selling and Administrative Expenses Print Done Requirement 1. Prepare a schedule of cost of goods manufactured for Natural Bones for the year ended December 31, 2018. (For accounts with a 50 balance, make sure to enter "o" in the appropriate column) Natural Bones Schedule of Cost of Goods Manufactured Data Table Year Ended December 31, 2018 Beginning Work in Process Inventory Direct Materials Used Balances: Beginning Ending Beginning Direct Materials 13.200 Direct Materials $ 13,200 $ 10,500 Purchases of Direct Materials 35,000 Work in Process Inventory 0 2,000 Direct Materials Available for Use 48.200 Finished Goods Inventory 0 5.500 Ending Direct Materials 10,500 Other information: Direct Materials Used 37,700 Direct materials purchases $ 35,000 17.000 Plantjanitorial services 900 Manufacturing Overhead: Sales salaries Plant Janitorial Services Delivery costs 1.900 Ulties for Plant Net sales revenue 112,000 Rent on Plant 15,000 Utilities for plant 1,600 Total Manufacturing Overhead 17.500 Renton plant 15,000 Customer service holine costs 1,100 Choose from any list or enter any number in the input fields and then continue to the next question Direct labor 17 000 Direct Labor 5.800 900 zw @ Q Search Sear 22- O Q Q Q Search Cost of Goods Sold Gross Profit Selling and Administrative Expenses: Rent on Plant Total Manufacturing Overhead 17,500 Total Selling and Administrative Expenses Operating Income 72,200 Requirement 3. How does the format of the income statement for Natural Bones differ from the income statement of a merchandiser? Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For 72,200 2,000 Ending Work-in-Process Inventory A manufacturer's cost of goods sold is based on its In contrast, a merchandiser's cost of goods sold is based on its Requirement 4. Natural Bones manufactured 17,400 units of its product in 2018. Compute the company's unit product cost for the year, rounded to the nearest cent. Cost per unit = 70,200 Cost of Goods Manufactured