BusinessCourse * Return to course Statement of Cost of Goods Manufactured and Income Statement Information from the records of the Bridgeview Manufacturing Company for August 2017 follows: Sales $313,000 Selling and administrative expenses 127,500 Purchases of raw materials 43,000 Direct labor 30,000 Manufacturing overhead 53,500 11,000 Inventories August 1 August 31 Raw materials $ 6,000 $5,000 Work-in-process 12,000 Finished goods 15,000 17,000 Required Prepare a statement of cost of goods manufactured and an income statement for August 2017 Do not use negative signs with any of your answers below. Bridgeview Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ending August 31, 2017 Current manufacturing costs: Cost of materials placed in production: Raw materials, 8/1/17 $ Purchases 0 0 Do not use negative signs with any of your answers below. Bridgeview Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ending August 31, 2017 Current manufacturing costs: Cost of materials placed in production Raw material, 8/1/17 5 0 Purchases 0 Total available 0 Raw materials, 8/31/17 0 Direct labor Manufacturing overhead 05 Work-in-process, 8/1/17 Total costs in process Work in process. 8/31/17 Cost of goods manufactured 5 Ooo OOOOO D Bridgeview Manufacturing Company Income Statement For the Month Ending August 31, 2017 Sales Cost of goods sold Finished goods inventory. 8/1/17 $ Cost of goods manufactured 0 Total goods available for sale 0 Finished goods inventory, 8/31/17 0 Gross profit Selling and administrative expenses Net Income $ 0 0 a @ prisen Home End