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Superior Manufacturing Company has the following cost and expense data for the year ending December...

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Accounting

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Superior Manufacturing Company has the following cost and expense data for the year ending December 31, 2012. Prepare a cost of goods manufactured schedule for Superior Company for 2012. Prepare an income statement for Superior Company for 2012. Assume that Superior Company's ledgers show the balances of the following current asset accounts: Cash $17, 000, Accounts Receivable (net) $120, 000, Prepaid Expenses $13, 000, and Short-term Investments $26, 000. Prepare the current assets section of the balance sheet for Superior Company as of December 31, 2012

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