Based on the below information and using the attachments prepare a manufacturing statement and a complete income
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Based on the below information and using the attachments prepare a manufacturing statement and a complete income statement for this manufacturing company for the year 2013
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Advertising Expense Amortization Expense - Factory Patents Bad Debts Expense Depreciation Expense - Office Equipment Depreciation Expense - Factory Building Depreciation Expense - Factory Equipment Factory Payroll Factory Insurance Factory Supplies Factory Utilities Finished Goods Inventory, 12/31/2012 Finished Goods Inventory, 12/31/2013 Income Taxes Indirect Labor Interest Expense Miscellaneous Expense - not factory Goods in Process Inventory, 12/31/2012 Goods in Process Inventory, 12/31/2013 Factory Property Taxes Factory Equipment Repairs Sales Salaries Expense Sales Raw Materials Inventory, 12/31/2012 Raw Materials Inventory, 12/31/2013 Indirect Materials Raw Material Purchases 85,000.00 16,000.00 28,000.00 37,000.00 133,000.00 78,000.00 350,000.00 62,000.00 21,000.00 115,000.00 15,000.00 12,500.00 53,400.00 26,000.00 25,000.00 55,000.00 8,000.00 9,000.00 14,000.00 31,000.00 150,000.00 1,630,000.00 60,000.00 78,000.00 2,000.00 313,000.00 Advertising Expense Amortization Expense - Factory Patents Bad Debts Expense Depreciation Expense - Office Equipment Depreciation Expense - Factory Building Depreciation Expense - Factory Equipment Factory Payroll Factory Insurance Factory Supplies Factory Utilities Finished Goods Inventory, 12/31/2012 Finished Goods Inventory, 12/31/2013 Income Taxes Indirect Labor Interest Expense Miscellaneous Expense - not factory Goods in Process Inventory, 12/31/2012 Goods in Process Inventory, 12/31/2013 Factory Property Taxes Factory Equipment Repairs Sales Salaries Expense Sales Raw Materials Inventory, 12/31/2012 Raw Materials Inventory, 12/31/2013 Indirect Materials Raw Material Purchases 85,000.00 16,000.00 28,000.00 37,000.00 133,000.00 78,000.00 350,000.00 62,000.00 21,000.00 115,000.00 15,000.00 12,500.00 53,400.00 26,000.00 25,000.00 55,000.00 8,000.00 9,000.00 14,000.00 31,000.00 150,000.00 1,630,000.00 60,000.00 78,000.00 2,000.00 313,000.00
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Manufacturing Statement for the year 2013 Direct Materials Used Raw Materials Inventory 12312012 60000 Raw Materials Inventory 12312013 78000 Raw Mate... View the full answer
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Posted Date:
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