Question

Yum Yum Treats manufactures its own brand of pet chew bones. At the end of December 2016, the accounting records showed the following:
Requirements
1. Prepare a schedule of cost of goods manufactured for Yum Yum Treats for the year ended December 31, 2016.
2. Prepare an income statement for Yum Yum Treats for the year ended December 31, 2016.
3. How does the format of the income statement for Yum Yum Treats differ from the income statement of a merchandiser?
4. Yum Yum Treats manufactured 17,600 units of its product in 2016. Compute the company’s unit product cost for the year, rounded to the nearest cent


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  • CreatedJune 15, 2015
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