17(02)-5B_9e - Total operating expenses Income from...

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Problem 17(02)-5B Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect label or amount in the outlined cells. 1. NEW MUSIC, INC. Income Statement For the Year Ended December 31, 2008 Sales Gross profit Selling expenses: Total selling expenses Administrative expenses:
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Unformatted text preview: Total operating expenses Income from operations Supporting calculations: Manufacturing cost per unit (CD): Direct materials Total direct materials Direct labor Factory overhead Total manufacturing cost per CD 2. Finished Goods balance, December 31, 2008: Work in Process, December 31, 2008:...
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