w the loowing account balances in thousands for the Shay Corporation (Click the loon to view the account balances) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues in thousands for 2017 were 500.000 Prepare the one stems for 2017 Requirement 1. Prepare a schedule for the cost of goods manufactured for 2017 Start with the direct materials and labor costs, the manufacturing overhead costs, and complete the schedule by calling cost of goods manufactured Shay Corporation Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 in thousands) Direct materials Direct materials used Direct manufacturing labor Consider the following account balances (in thousands) for the Shay Corporation: (Click the icon to view the account balances.) Requirements 1. Prepare a schedule for the cost of goo 2. Revenues in thousands) for 2017 wer Uru Manufacturing overhead costs: Total manufacturing overhead costs Manufacturing costs incurred during 2017 Total manufacturing costs to account for Cost of goods manufactured Requirement 2. Revenues (in thousands) for 2017 were $900,000. Prepare the income statement for 2017. (Use a minus sign or parentheses for an operating loss.) Shay Corporation Income Statement For the Year Ended December 31, 2017 fin thousands) Choose from any list or enter any number in the input fields and then continue to the next question MacBook Pro Requirement 2. Revenues (in thousands) for 2017 were $900,000. Prepare the income statement for 2017. (Use a minus sign or parentheses for an operating loss.) Shay Corporation Income Statement For the Year Ended December 31, 2017 (in thousands) Cost of goods sold: Cost of goods sold Operating costs. M G Total operating costs Operating income (los) Choose from any list or enter any number in the input fields and then continue to the next question Requirements i Data Table X to 2011 Beginning of 2017 End of 2017 $ 125,000 $ 67,000 170,000 149,000 250,000 Shay Corporation 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 Plant utilities 210,000 258,000 214,000 102,000 8,000 44,000 23,000 19,000 70,000 Repairs and maintenance-plant Equipment leasing costs Marketing, distribution, and customer-service costs General and administrative costs 121,000 70,000 Print Done estion