$14.$ Made $72,375$ units of product and sold $65,375$ units at a price of $\backslash (\backslash$$ $76\backslash )$ each.

Required

a$.$ Identify the items that are classified as product costs. Use this information to determine the amount of cost of goods sold reported on the Year $4$ income statement.

b$.$ Construct a Year $1$ income statement for Baird, Incorporated.

Complete this question by entering your answers in the tabs below.

Identify the items that are classified as product costs. Use this information to determine the amount of cost of goods sold reported on the Year $4$ income statement.

Note: Do not round intermediate calculations $14.$ Made $72,375$ units of product and sold $65,375$ units at a price of $\backslash (\backslash$$ $76\backslash )$ each.

Required

a$.$ Identify the items that are classified as product costs. Use this information to determine the amount of cost of goods sold reported on the Year $4$ income statement.

b$.$ Construct a Year $1$ income statement for Baird, Incorporated.

Complete this question by entering your answers in the tabs below.

Required $\backslash ($ A $\backslash )$

Required $\backslash ($ B $\backslash )$

Construct a Year $1$ income statement for Baird, Incorporated.