The following items (in millions) pertain to Classic Corporation: (Click the icon to view the items.)...
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The following items (in millions) pertain to Classic Corporation: (Click the icon to view the items.) Requirement Prepare an income statement and a supporting schedule of cost of goods manufactured Begin by preparing the supporting schedule of cost of goods manufactured (in millions). Start with the direct materials and direct labor costs, then indirect manufacturing costs, and complete the schedule by calculating cost of goods manufactured. Classic Corporation Schedule of Cost of Goods Manufactured i For the Year Ended December 31, 2017 (in millions) Direct material costs: Direct materials used i Direct labor manufacturing costs Indirect manufacturing costs: The following items (in millions) pertain to Classic Corporation: (Click the icon to view the items.) Requirement Prepare an income statement and a supporting schedule of cost of goods manufactured Begin by preparing the supporting schedule of cost of goods manufactured (in millions). Start with the direct materials and direct labor costs, then indirect manufacturing costs, and complete the schedule by calculating cost of goods manufactured. Classic Corporation Schedule of Cost of Goods Manufactured i For the Year Ended December 31, 2017 (in millions) Direct material costs: Direct materials used i Direct labor manufacturing costs Indirect manufacturing costs:
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