Prepare the 20Y8 statement of cost of goods manufactured. 2. Prepare the 20Y8 income statement. PR...

 

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Prepare the 20Y8 statement of cost of goods manufactured. 2. Prepare the 20Y8 income statement. PR 15-5A Statement of cost of goods manufactured and income.statement for a manufacturing company 1. Cost of goods manufactured equal $2,227,960. The following information is available for Robstown Corporation for 20Y8: Inventories Materials Work in process Finish goods Direct labor Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Advertising expense $448,000 Depreciation Exp. Office-equip. 33,600 Depreciation Exp. factory-equip. 89,600 1,232,000 59,696 128,800 623,392 356,160 44,800 28,000 30,240 Property taxes-factory Property taxes- office building Rent expense factory Sales 1-Jan 31-Dec $49,560 $35,504 Sales salaries expense Supplies expense-factory Miscellaneous costs-factory 71,568 89,600 113,344 111,776 4,312,000 224,000 10,640 12,768 Prepare the 20Y8 statement of cost of goods manufactured. 2. Prepare the 20Y8 income statement. PR 15-5A Statement of cost of goods manufactured and income.statement for a manufacturing company 1. Cost of goods manufactured equal $2,227,960. The following information is available for Robstown Corporation for 20Y8: Inventories Materials Work in process Finish goods Direct labor Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Advertising expense $448,000 Depreciation Exp. Office-equip. 33,600 Depreciation Exp. factory-equip. 89,600 1,232,000 59,696 128,800 623,392 356,160 44,800 28,000 30,240 Property taxes-factory Property taxes- office building Rent expense factory Sales 1-Jan 31-Dec $49,560 $35,504 Sales salaries expense Supplies expense-factory Miscellaneous costs-factory 71,568 89,600 113,344 111,776 4,312,000 224,000 10,640 12,768

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To prepare the statement of cost of goods manufactured and the income statement for the year 20Y8 for Robstown Corporation well follow several steps u... View the full answer