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The following information is available for Oriole Company January 1, 2020 2020 December 31, 2020 Raw materials inventory $21,950 $31,370 Work in process inventory 18,360
The following information is available for Oriole Company
January 1, 2020 2020 December 31, 2020
Raw materials inventory $21,950 $31,370
Work in process inventory 18,360 18,110
Finished goods inventory 28,500 23,650
Materials purchased $153,710
Direct labor 223,790
Manufacturing overhead 181,740
Sales revenue 902,150
Compute cost of goods manufactured
Prepare an income statement through gross profit.
Show the presentation of the ending inventories on the December 31, 2020, balance sheet.
help plz
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