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Riley Manufacturing Company has accumulated the following data for the fiscal year ending June 30, 2018.
Riley Manufacturing Company has accumulated the following data for the fiscal year ending June 30, 2018. Income Statement information is Administrative Expenses $ 82,256; Cost of Goods Manufactured $641,191; Finished Goods, July, 1, 2017 $98,730; Finished Goods, June 30, 2018, $94,520, Overapplied or Underapplied Applied, $3,531 Cr. Balance; Provision for Income Taxes $44,500; Sales $960,540; Sales Returns and Allowances $43,780; Selling Expenses $65,496 Income statement for year ending June 30, 2018 is need.