Manufacturing Income Statement Pdf

Income statement for the 4th quarter year 1.
Manufacturing income statement pdf. A from the company s balance sheet at april 30 april 30 ending balance is the same as may 1 beginning balance. Manufacturing financial statement relationships critical to understanding and using financial statements. Account and balance sheet. Chapter 4 income statement and related information 4 3 illustration illustration 4 2 presents an income statement for boc hong company.
These relationships may be summarized as simple mathematical equations. Figure 1 7 income statement schedules for custom furniture company. In order to understand the direct relationship of the income statement and the cost of goods manufactured statement it is necessary to under stand the distinction between manufacturing and non manufacturing costs. Boc hong s in come statement includes all of the major items in the list above except for discontin ued operations.
C this is actual manufacturing overhead for the period and includes indirect materials indirect labor factory rent factory utilities and other factory related. Period manufacturing costs while the income statement shows all the current non manufacturing expenses.