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Stewart Company has the following information for the year ended December 31, 2024, (Click the icon to view the information.) Use the information to prepare
Stewart 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 millions. Data table Inventory balances: Beginning Ending Work-in-Process Finished Goods 8 15 14 17 Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used Print Done $ 215 72 46 18 51
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