Say Homework: Chapter 2 Ecore: 0.42 of 1 pt 11 of 11 (11 complete) HW Score: 60.3%, 6.63 of 11 P2-37 (similar to) Question Help Consider the following account balances (in thousands) for the Benesch Company: Requirements (Click the icon to view the account balances.) 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues for 2017 were $310 million. Prepare the income statement for 2017 Cost of direct materials available for use 90,000 Ending inventory, Dec 31, 2017 21,000 Direct materials used S 69,000 Direct manufacturing labor 24,000 Indirect manufacturing costs Indirect manufacturing labor $ 19,000 Plant insurance 8.000 Depreciation-plant, building, and equipment 16,000 Repairs and maintenance---plant 5,000 Total Indirect manufacturing costs 48,000 Manufacturing costs incurred during 2017 Beginning inventory, Jan 1, 2017 Total manufacturing costs to account for Ending work-in-process inventory, Dec 31, 2017 Cost of goods manufactured the acco Data Table factured for 2017. the income statement aterials av X Dec. 31 s used Beginning of 2017 labor End of 2017 21,000 osts: cturing labo 20,000 29,000 12,000 28,000 lant, buildi Benesch Company Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer-service costs General and administrative costs 26,000 70,000 24,000 19,000 intenance cturing cos urred during 1. 1. 2017 8,000 16,000 5,000 93,000 23,000 Is to accoul inventory ured Print Done enter any