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Unformatted text preview: of goods sold totaled $635,000. 4. value: 2 points Requirement 1: (a) Prepare a schedule of cost of goods manufactured. (Input all amounts as positive values. Omit the "$" sign in your response.) Superior Company Schedule of Cost of Goods Manufactured For the Year Ended December 31 Direct materials: $ : : Raw materials used in production $ Total manufacturing costs : : Cost of goods manufactured $ (b) Prepare the cost of goods sold section of the company's income statement for the year. (Input all amounts as positive values. Omit the "$" sign in your response.) $ : Goods available for sale : Cost of goods sold $...
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- Spring '11