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Time Remaining his Question: 4 pts 9 of 14 67 complete This Consider the following account balances in thousands) for the Peterson Company Click the

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Time Remaining his Question: 4 pts 9 of 14 67 complete This Consider the following account balances in thousands) for the Peterson Company Click the icon to view the account balances) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues for 2017 were $305 milion. Prepare the income statement for 2017 Data Table kerials and labor costs, then indirect manufacturing costs, and complete the schedule by calculating costo Beginning of 2017 End of 2017 28,000 21.000 19.000 Paterson Company Direct materials inventory Work-in-process Inventory Finished-goods Inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer service costs General and administrative costs 29,000 20,000 27.000 79.000 25.000 13,000 8.000 11,000 4,000 95,000 22.000 Print Done pon w N tv O MacBook Pro

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