Business, 06.09.2019 04:20 animaljamissofab

Using the information from problem 14-2b and the following additional inventory information for best bikes, complete the requirements below. assume income tax expense is $136,700 for the year. inventoriesraw materials, december, 31 2016 $40,375raw materials, december, 31 2017 70,430work in process, december, 31 2016 12,500work in process, december, 31 2017 14,100finished good, december, 31 2016 177,200finished good, december, 31 2017 141,750(a) prepare the company's 2017 schedule of cost of goods manufactured.(b) prepare the company's 2017 income statement that reports separate categories for (1) selling expenses and (2) general and administrative expenses

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Using the information from problem 14-2b and the following additional inventory information for best...

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