Prepare a schedule of cost of goods manufactured and an income statement for YNP corporation as of December 31, 2018. List whether the following fall primarily under managerial or financial accounting. 2425 Required:26 Prepare a Schedule of Cost of Goods Manufactured and an Income Statement for YNP Corporation as of Decem2728List whether the following fall primarily under managerial or financial accountinga) proposed manufacturing budget sent to the CFO for approvalb) an external auditor's report on a company's annual reportc) The preparation of financial statements for investors and stockholdersd) Not regulated by the SECe) Information provided to managers for decision makingf) Reporting required by GAAPg) A company wishes to conduct study on whether to increase manufacturing capacityh) Performance reports supplied to internal usersi) Depreciation Method Chosen by Companyj) Taxes paid by the company29303132333435363738394041424344A5TestReadyDELL BCManagerial AccountingDFGYNP Corportion lists the following costs and expenses for the current year as of December 31.Sales$800,000$85,000$20,000$24,000$18,000$4,000$70,000$11,000 (100% to Factory)$60,000$250,000$25,000$90,000$5,000$35,000$10,000$50,000Raw Materials PurchasedBeginning Raw MaterialsEnding Raw MaterialsDepreciation(80% to Factory)(75% to Factory)InsuranceDirect LaborMaintenanceAdministrative ExpensesSelling ExpensesUtilities(85% to Factory)Indirect LaborBeginning WIP InventoryEnding WIP InventoryBeginning Fininshed Goods InventoryEnding Fininshed Goods Inventory21.22232425 Required:26 Prepare a Schedule of Cost of Goods Manufactured and an Income Statement for YNP Corporation as of December 31, 20182728I ist whether the followina fall primarily under managerial or financial accountina.Testi29Ready田

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Description: Prepare a schedule of cost of goods manufactured and an income statement for YNP corporation as of December 31, 2018. List whether the following fall primarily under managerial or financial accounting. 2425 Required:26 Prepare a Schedule of Cost of G

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YNP Corportion lists the following costs and expenses for the current year as of December 31. Sales $800,000 $85,000 $20,000 $24,000 $18,000 $4,000 $70,000 $11,000 (100% to Factory) $60,000 $250,000 $25,000 $90,000 $5,000 $35,000 $10,000 $50,000 Raw Materials Purchased Beginning Raw Materials Ending Raw Materials Depreciation (80% to Factory) (75% to Factory) Insurance Direct Labor Maintenance Administrative Expenses Selling Expenses Utilities (85% to Factory) Indirect Labor Beginning WIP Inventory Ending WIP Inventory Beginning Fininshed Goods Inventory Ending Fininshed Goods Inventory Required: Prepare a Schedule of Cost of Goods Manufactured and an Income Statement for YNP Corporation as of December 31, 2018

YNP Corportion lists the following costs and expenses for the current year as of December 31. Sales $800,000 $85,000 $20,000 $24,000 $18,000 $4,000 $70,000 $11,000 (100% to Factory) $60,000 $250,000 $25,000 $90,000 $5,000 $35,000 $10,000 $50,000 Raw Materials Purchased Beginning Raw Materials Ending Raw Materials Depreciation (80% to Factory) (75% to Factory) Insurance Direct Labor Maintenance Administrative Expenses Selling Expenses Utilities (85% to Factory) Indirect Labor Beginning WIP Inventory Ending WIP Inventory Beginning Fininshed Goods Inventory Ending Fininshed Goods Inventory Required: Prepare a Schedule of Cost of Goods Manufactured and an Income Statement for YNP Corporation as of December 31, 2018

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 6BE: Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of...

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