Question: Using the information from Problem 18-2B and the following additional information for Best Bikes, Problem 18-38 Schedule of cost of goods manutactured and income statement

 Using the information from Problem 18-2B and the following additional information
for Best Bikes, Problem 18-38 Schedule of cost of goods manutactured and
income statement P1 P2 Required 1. Prepare the schedule of cost of

Using the information from Problem 18-2B and the following additional information for Best Bikes, Problem 18-38 Schedule of cost of goods manutactured and income statement P1 P2 Required 1. Prepare the schedule of cost of goods manufactured for the year. Check (1) Cost of poods 2. Prepare the current year income statement. Problem 18-2B The following year-end information is taken from the December 31 adjusted trial balance and other Classitying costs roconds of Best Bikes. 1dentify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, dirot labor, or factory overhead. If a period cost, classify it as a selling expense or a general and adminis- Required tritive expense. Using the information from Problem 18-2B and the following additional information for Best Bikes, Problem 18-3B mmplete the requirements below. Schedule of cost of gooc manufactured and incom statement P1 P2 Required 1. Prepare the schedule of cost of goods manufactured for the year. Check (1) Cost of goods 2. Prepare the current year income statement

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