Question
based on this diagram which of the following statements is/are accurate?

ods PR 18-5B Statement of cost of goods manufactured and income statement for a OBJ. 2, 3 manufacturing company of roll 1200
Instructions 1. Prepare the 2014 statement of cost of goods manufactured. 2. Prepare the 2014 income statement.
A B C D VON TUTTI guy Degree Promo An asterisk (*) will appear to the right of an incorrect entry 1. SHANIKA COMPANY Statemen
Less Cost of goods manufactured SHANIKA COMPANY Income Statement For the Year Ended December 31, 2014 5 6 7 Sales Cost of goo
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Answer #1

Answer 1 Preparation of cost of goods manufactured $ 77, 350 materials on Jan | 2014 1+ Purchases t matcrials on Dec. 31 20142) Income statement for 2014 Particulars Amount sales (-) Gost of manufacturing $ 864,500 ( 343, 850) 100 , 107 (113, 750) (+

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