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QUESTION

Advertising expense $30,700 Direct labor $690,800 Depreciation exp office equip 9,000 Income taxes expense 259,200 Depreciation exp selling equip...

  1. Prepare the company’s 2015 schedule of cost of goods manufactured.
  2. Prepare the company’s 2015 income statement that reports separate categories for (a) selling expenses and (b) general and administrative expenses.
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