Question: please solve and explain Consider the following account bolanobs (in thousands) for the Noal Cornpany: Click the kon fo viow the apoount balances ) Requiremonts
please solve and explain

Consider the following account bolanobs (in thousands) for the Noal Cornpany: Click the kon fo viow the apoount balances ) Requiremonts 1. Preparo a schedule for the cost of goods manufactured for 2020. 2. Revenues for 2020 were $290 million. Prepare the income statoment for 2020. Requirement 1. Prepare a schedule for the cost of poods manufactured for 2020 Begin by preparing the schedule of cost of goods manufactured (in thousands). Start wien the direct matorials and labor costs, then indirect manulocturing costs, and complete the schedur by calculating cost of goods manutactured: Data table
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