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Shaffer Company has the following information for the year ended December 31, 2024. (Click the icon to view the information.) Use the information to prepare

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Shaffer Company has the following information for the year ended December 31, 2024. (Click the icon to view the information.) Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in Begin by preparing schedule of cost of goods manufactured. Shaffer Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2024 (in millions) Cost of Goods Manufactured Choose from any list or enter any number in the input fields and then click Check Answer. part Clear All Checi X Data Table Inventory balances: Beginning Ending Work-in-Process 10 15 10 18 Finished Goods Other information: Sales Revenue 228 62 Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated 42 25 Direct Materials Used 51 Print Done

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