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The following information is available for Marigold Company. Prepare an income statement through gross profit. January 1, 2017 2017 December 31, 2017 Raw materials inventory
The following information is available for Marigold Company. Prepare an income statement through gross profit. January 1, 2017 2017 December 31, 2017 Raw materials inventory $25,330 $33,190 MARIGOLD COMPANY Income Statement (Partial) 15,170 19,680 Work in process inventory Finished goods inventory Materials purchased 28,340 21,530 $152,300 Direct labor 223,050 Manufacturing overhead 183,600 Sales revenue 902,420 Compute cost of goods manufactured. Marigold Company Cost of Goods Manufactured Schedule Show the presentation of the ending inventories on the December 31, 2017, balance sheet. MARIGOLD COMPANY (Partial) Balance Sheet V
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