Suppose that Pavlovich Prosthetics Company prices its jobs at cost plus 30%. In addition during January marketing and administrative expenses of 52435 were incurred. Prepare an income statement for the month of January.
Problem 4-55 Calculating Ending Work in Process, Income Statement Paviovich Prosthetics Company produces artificial limbs for individuals. Each prosthetic is unique. On January 1. three jobs, identified by the name of the person being fitted with the prosthetic. were in process with the following costs: Carter Pelham Milton Direct materials S 210 S 615 51.290 […]