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Prepare a schedule for the cost of goods manufactured for

Cost of goods manufactured. Consider the following account balances (in thousands) for the Canseco Company:

1213_Prepare the income statement for 2009.PNG

If you want to use Excel to solve this problem, go to the Excel lab at www.prenhall.com/harngren/cost13e and download the template for Exhibit 2-8.

1. Prepare a schedule for the cost of goods manufactured for 2009.

2. Revenues for 2009 were $300 million. Prepare the income statement for2009.

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Accounting Basics: Prepare a schedule for the cost of goods manufactured for

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