Pela Cut; Alex anda NiGle A- Bs 1B
i a ct i BT gt a i pk ESM MR en
Cast o£ Goode manu fwetertd
Fw the Year Baded dune $0, 2018
Row _Inaterial Used * a
Eo Ratna Tat atte Eg gan ee
Add net Purcnases (Schedule, LY $090, 100
ilove ced s EE =
Less: Raw Matevialc inven tory, Tune 30 440,000 3,000, 000
bined labor 24000, 000
Factory Orernead Cont! (Schedule 2) LAH 835
Total manufacturing Cost G, 444, B83
Add: ork in Process jnventory, Tuly | “ah £00, 000
Total Gast Plawd into Process eh 4, 833
55. Nork in Process Tune 30 1,50, 000 en
‘ost_of Geeds Manwfachured 39, 833Suneduter |:
—Purcnaces of Raw Matewals 8,000,000
Add?
a : 3 eae ey
100 , 00
Less! Purchases Discount 10,000
Net Purcha ses ? 3,090, 000
Scnedule 2:
Indirect Lavo F00, 000
Payroll Taxes 2k, 000
Taxes and Licences 200, 009
Depredation Jeo, 033.
Light and Water 100, 000
Factory Supplies Used 34, 000
Insurance Expense 32,000
total Factory dvernead- (444,073L
{ ak ne Mag a ft Ng
Income Statement
For the yeay Ended, Tune/30-216
|
Sates F 4,000) 000
i Les: Coch of Grede Sold
i Finished Goods twventowy, Tuly | 1,000 , 000
Add: Cast of Goods manutauured 5,344, 933
ivdilaoe r Sale 344, 088 -
Lass: Fini¢ned Govd.c inventory fees $00, 000 5,894, 833
P1106, 167