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The following information pertains to Price Company for the year. All amounts in millions E (Click the icon to view the information.) 16. Determine the

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The following information pertains to Price Company for the year. All amounts in millions E (Click the icon to view the information.) 16. Determine the cost of goods manufactured for the year by preparing a schedule of cost of goods manufactured. 17. Determine the cost of goods sold and gross profit for the year by preparing a partial income statement 16. Determine the cost of goods manufactured for the year by preparing a schedule of cost of goods manufactured Price Company Schedule of Cost of Goods Manufactured Year Ended December 31, 20XX (in millions) Cost of Goods Manufactured 17. Determine the cost of goods sold and gross profit for the year by preparing a partial income statement. Price Company Income Statement (Partial) Year Ended December 31, 20XX (in millions) Choose from any list or enter any number in the input fields and then continue to the next question to Fnce Company for the year. All amounts in millions Click the icon to view the information.) 16. Determine the cost of goods manufactured for the year by preparing a schedule of cost of goods manuf 17. Determine the cost of goods sold and gross profit for the year by preparing a partial income statement. Cost of Goods Manufactured 17. Determine the cost of goods sold and gross profit for the year by preparing a partial income statement. Price Company Income Statement (Partial) Year Ended December 31, 20XX (in millions) Cost of Goods Sold Gross Profit Choose from any list or enter any number in the input felds and then continue to the next question i Data Table Work-in-Process Inventory Beg. Bal. 25 Direct Materials 90 ??? Cost of Goods Manufactured Direct Labor 280 Manufacturing Overhead 150 Bal. 40 Finished Goods Inventory Beg. Bal 50 Cost of Goods Manufactured ??? ??? Cost of Goods Sold Bal. 65 Sales Revenue 700 Bal Print Done Price Company Schedule of Cost of Goods Manufacture Year Ended December 31, 20XX (in millions) Beginning Work-in-Process Inventory Direct Labor Direct Materials Used Ending Work-in-Process Inventory Manufacturing Overhead Allocated Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account for UUSEUL BUUUS ividuld tueu 17. Determine the cost of goods sold and gross profit for the year! Price Company Income Statement (Partial) Year Ended December 31, 20XX 17. Determine the cost of goods sold and gross profit for the year by preparing Price Company Income Statement (Partial) Year Ended December 31, 20XX (in millions) Beginning Finished Goods Inventory Cost of Goods Available for Sale Cost of Goods Manufactured Cost of Goods Sold: Ending Finished Goods Inventory Sales Revenue Selling and Administrative Expenses GOUTTO Choose from any list or enter any number in 11

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