Statement of cost of goods manufactured and income statement for a manufacturing company The following information is available for The NewQuest Corporation for 2016: 11eb6eb8_2515_1aee_9fd7_09d1b9d9cc6e_SM1486_00 Instructions 1. Prepare the 2016 statement of cost of goods manufactured. 2. Prepare the 2016 income statement.

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Edition 26ISBN: 978-1285743615

Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Edition 26ISBN: 978-1285743615

Exercise 35

Statement of cost of goods manufactured and income statement for a manufacturing company
The following information is available for The NewQuest Corporation for 2016:

Instructions
1. Prepare the 2016 statement of cost of goods manufactured.
2. Prepare the 2016 income statement.

Explanation

Verified

1.
Statement of cost of goods manufactur...