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SuSu Manufacturing Company makes water heaters. Selected account balances on December 31,20X1, the end of its fiscal year, are given below. Data about the beginning
SuSu Manufacturing Company makes water heaters. Selected account balances on December 31,20X1, the end of its fiscal year, are given below. Data about the beginning and ending inventories are also given. Required: 1. Prepare a statement of cost of goods manufactured for 201. 2. Prepare an income statement for 201. Analyzie: For every dollar earned in net sales, what portion was spent on manufacturing costs? Complete this question by entering your answers in the tabs below. Prepare a statement of cost of goods manufactured for 201
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