Manufacturing Income Statement, Statement of Cost of Goods Manufactured Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December: On Company $86,215 (a) 218,900 253,115 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor 325.020 Off Company $110,300 124,715 (b) 248.275
Manufacturing Income Statement, Statement of Cost of Goods Manufactured Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December: On Company $86,215 (a) 218,900 253,115 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor 325.020 Off Company $110,300 124,715 (b) 248.275
Manufacturing Income Statement, Statement of Cost of Goods Manufactured Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December: On Company $86,215 (a) 218,900 253,115 Materials inventory, December 1 Materials inventory, December 31 Materials purchased Cost of direct materials used in production Direct labor 325.020 Off Company $110,300 124,715 (b) 248.275
3 questions.-- Please see both photos. Second time I have submitted this question. The first one that was answered , they were wrong and didn't answer it all.
Manufacturing Income Statement, Statement of Cost of Goods Manufactured
Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December:
1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.
2. Prepare On Company's statement of cost of goods manufactured for December.
Note: If an amount should be subtracted, begin entry with a minus (-) sign.
3. Prepare On Company's income statement for December.
Note: If an amount should be subtracted, begin entry with a minus (-) sign.
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