Section 1 Accounting Mess

One of the biggest issues with LSI is that the accounting department has been unable to put together proper schedules for the past few years. As a result, the information they have been providing is often late and is always inaccurate. Jason would like you to look at Appendix I, use the information provided, and prepare the following schedules for the company as of December 31, 2022:

a) Cost of Goods Manufactured

b) Cost of Goods Sold

c) Net Income