“Now we will fill in the missing information on the income statement. Select the heading, then complete the statement.”,”Tioga Manufacturing CompanyIncome StatementMonth Ended June 30, 2016Sales Revenue: $463,000Cost of Goods Sold: Beginning Finished Goods Inventory: $111,000 Cost of Goods Manufactured: 168,000 Cost of Goods Available for Sale: 279,000 Ending Finished Goods Inventory: (67,000)Cost of Goods Sold: 212,000Gross Profit: 251,000Selling and Administrative Expenses: Selling Expenses: 96,000 Administrative Expenses: 62,000Total Selling and Administrative Expenses: 158,000Operating Income: $93

June 20, 2017 mfadmin Managerial Accounting

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“Now we will fill in the missing information on the income statement. Select the heading, then complete the statement.”,”Tioga Manufacturing CompanyIncome StatementMonth Ended June 30, 2016Sales Revenue: $463,000Cost of Goods Sold: Beginning Finished Goods Inventory: $111,000 Cost of Goods Manufactured: 168,000 Cost of Goods Available for Sale: 279,000 Ending Finished Goods Inventory: (67,000)Cost of Goods Sold: 212,000Gross Profit: 251,000Selling and Administrative Expenses: Selling Expenses: 96,000 Administrative Expenses: 62,000Total Selling and Administrative Expenses: 158,000Operating Income: $93

000″