Bubba Manufacturing Company provided the following information for the fiscal year to June 30, 2020: Inventories Direct Materials Work-in-Process Finished Goods 01/07/2019 3o/06/2020 $72,000 107,000 149,500 $65,000 128,000 141,700 Other information:

Bubba Manufacturing Company provided the following information for the fiscal year to June 30, 2020: Inventories Direct Materials Work-in-Process Finished Goods 01/07/2019 3o/06/2020 $72,000 107,000 149,500 $65,000 128,000 141,700 Other information:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Question

Pepare an income statement for Bubba Manufacting for the year ended June 30, 2020 clearly showing cost of goods sold.

Bubba Manufacturing Company provided the following information for the fiscal year to
June 30, 2020:
Inventories
Direct Materials
Work-in-Process
Finished Goods
01/07/2019 3o/06/2020
$72,000
107,000
149,500
$65,000
128,000
141,700
Other information:

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