Stewart Company has the following information for the year ended December 31, 2024, (Click the...
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Accounting
Stewart Company has the following information for the year ended December 31, 2024, (Click the icon to view the information.) Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions. Data table Inventory balances: Beginning Ending Work-in-Process Finished Goods 8 15 14 17 Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead; actual and allocated Direct Materials Used Print Done $ 215 72 46 18 51
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