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Prepare a cost of goods manufactured schedule.

Prepare an income statement.

Prepare a partial balance sheet for waterways corporation for the month of November.

Waterways Corporation isa private corporation formed for the purpose of providing the products and the services rieeded to itrigate farms, parios, commercial projects, and private lawns: it has a centrally located foctory in a US, city that manufactores the products it markets to retail outlets across the nation. It also maintains a division that performs installation and warranty servicing in six metropolitanareas. The mission of Waterways is to manufacture quality parts that can be used for effective irfigation projects that also conserve water. By that effort, the company hopes to satisfy its customers, perform rapid and responsible service. and servo the community and the employees who represent them in each community. The company has been growing rapidly, so management is considering new ideas to help the compary continue its growth and maintain the high quality of its products. Waterways was founded by Wil Winkman who is the company president and chief executive officer (CEO). Working with him froma the compary's inception is Will's brother, Ben, whose sprinkler designs and ideas about the installation of proper systems have been a major basis of the companys success. Ben is the vice president who oversees all aspects of design arid production in the company? The factory itself is managed by Todd Senter who hires his line managers to supervise the factory employees. The factory makes all of the parts for the irrigation systems. The purchasing department is managed by Helen Hines. The installation and training division is overseen by vice president Henry Writer, who supervisis the managersof the sioclocat installation operations. Each of these local managers hires his or her own local service people. These service employes are trained ty the home office under Hency Writer's direction because of the uniqueness of the company's peoducts. There is a small human resources department under the direction of Sally Fentona vice president who handlec the employee paperwork though hiring is actually performed by the separate departments. Teresa Totter is the vice preaident who heads the salus and marketing area; she oversees 10 well-trained salespeople. The arcounting and finance division of the company is headed by Ann Headman. Who is the chief framiat othcer (CF O) and a comoany vice president: sher is a member of the Inatitute of Management Accountants and holds a certificate in marmacment accocanting. She has a small staff of accountants, including a controller and a treasurer, and a staff of accounting input operators who maintain the financial records. Accounts Receivable $273.100 Advertising Expenses 54,300 Cash 258,300 Depreciation-Factory Equipment 16,700 Depreciation-Office Equipment 2400 Directlabor Factory Supplies Used Factory Utilities Finished Goods inventory. November 3068.500 Finished Goods Inventory, October 3172,200 Indirect Labor 47,800 Office Supplies Expense 1,600 Other Administrative Expenses Prepaid Expenses Raw Materials inventory. November 3052,900 Raw Materials inventory, October 3137,700 RawMaterialsPurchases183,200 Rent-Factory Equipment. 47,000 Repairs-Factory Equipment 4.500 Salaries 325,600 Sales Revenue Sales Commissions 40,900 Workin Process Inventory October 3152,400 Workin Processinventory. November 3041,600

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