Problem

Cost of goods manufactured, income statement, manufacturing company. Consider the fo...

Cost of goods manufactured, income statement, manufacturing company. Consider the following account balances (in thousands) for the Shaler Corporation:

1. Prepare a schedule for the cost of goods manufactured for 2014.

2. Revenues (in thousands) for 2014 were $1,200,000. Prepare the income statement for 2014.

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Solutions For Problems in Chapter 2