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Create schedule of cost of goods manufacture for november

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Reference no: EM132514983

Coruscant Company is a brand new company that started operations on November 1, 2019. Coruscant manufactures cold weather clothing. At the end of November , 2019, the accountant for Coruscant compiled the following information.

Administrative Expense $27,000

Direct Labor $9,000

Ending Finished Goods $12,000

Ending Raw Materials $22,000

Ending Work-in-Process $8,000

Manufacturing Overhead $8,000

Raw Materials Purchases $57,000

Sales Revenue $140,000

Selling Expense $27,000

Question a) How can create schedule of cost of goods manufactured for November?

Question b) Is an income statement for November possible, and how would make it if so?

Reference no: EM132514983

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