Prepare the manufacturing statement and partial income statement for 5/31/0x ...
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Accounting
Prepare the manufacturing statement and partial income statement for 5/31/0x
14 4 50 Exercise 6: Prepare the manufacturing statement and partial income statement for Manufacturer Co. on 5/31/0X Advertising expense 3 End work in process 6 Rent - office building Beg, finished goods inventory 6 Factory cleaning supplies 2 Repairs-factory equipment Beg, work in process inventory 5 Indirect labor-factory 6 Salary-assembly workers Beg, raw materials inventory 4 Insurance - factory 8 Salary - factory manager Depreciation - factory equipment 12 Janitorial costs - factory 3 Salary - office manager Depreciation - Office equipment 4 Janitorial costs - office 1 Sales End raw materials inventory 5 Property taxes - factory 3 Utilities on factory End, finished goods inventory 4 Raw materials purchases 32 Direct Materials X 4 160 16 X X X X X X Direct Labor Manufacturing Overhead X X X X X X X X X X X X X X Total manufacturing overhead X xxx X X X Cost of Goods Manufactured Income Statement Manufacturer Co. Period Ending 5/310X X Cost of Goods Sold X X X X X X Gross Profit
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