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The following information is available for Shamrock Company. January 1, 2022 2022 December 31, 2022 Raw materials inventory $18,800 $27,000 Work in process inventory
The following information is available for Shamrock Company. January 1, 2022 2022 December 31, 2022 Raw materials inventory $18,800 $27,000 Work in process inventory 12,300 15,550 Finished goods inventory 24,350 18,900 Materials purchased $135,000 Direct labor Manufacturing overhead Sales revenue 198,000 162,000 819,000 Prepare an income statement through gross profit. SHAMROCK COMPANY Income Statement (Partial)
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