Reference no: EM132566870
The following data relates to the Tomball C0.
Direct materials Inventory, Beginning $110
Direct Materials Inventory $80
Direct Materials Purchase $ 430
Direct Labor $ 210
Factory Overhead $240
Work-in-Process Inventory, Beginning $ 170
Work-in-Process Inventory, Ending $180
Finished goods inventory, Beginning $320
Finished goods inventory, Ending $240
Sales revenue $1, 520
Selling and administrative expenses $210
Income tax rate 21%
Required:
Question a) statement of cost of goods manufactured
Question b) income Statement
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