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2167 earning statement problems

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2167 earning statement problems Powered By Docstoc
					Buckner Dept Store        (000)

Selling expenses          1,104
Net operating earnings      483
Cost of goods sold        6,670
Other income                 46
Gross income              1,840
Net sales                 8510
Administrative expenses     253
Other expenses               69
J. Crawford Retail                   ($000)

Gross profit                           543
Net earnings before tax                240
Selling expenses                       160
Ending inventory                       475
Net sales                            2,125
Beginning inventory                    393
General and administrative expense     143
Young Textile Mills

Direct Labour                    753
Goods in process Jan 15, 2004    384
Sales discounts                   27
Manufacturing overhead           579
Other income                      75
Goods in process Jan 15, 2003    390
Other expense, interest           84
Raw materials, Jan 15 2004       489
Administartive expenses          294
Finished goods Jan 15 2003       222
Selling expenses                 147
Sales returns and allowances      33
Raw materials Jan 15 2003        498
Finished goods Jan 15 2004       219
Sales                           5490
General expenses                 255
Indirect laboour                  99
Other expense, Royalty            18
Materials purchased             1958
Durham Lumber                          ($000)

Selling expenses                         504
Direct labour                           1980
Finished goods February 2003               4
Other revenue                            284
Depreciation manufacturing equipment     848
Indirect labour                         1320
Sales return and allowances               44
Depreciation Office equipment             96
Sales discounts                           60
Administrative expenses                  940
Raw materials used                      8360
Other manufacturing overhead             324
Net sales                              15356
Goods in process Feb 15 2003             292
Gross income                            2520
Estimated income tax                      68
Raw materials Feb15 2004                2160
Cost of goods manufactured             12848
General expenses                         628
Net earnings after tax                   116
Other expenses, interest                 452
Raw materials, Feb 15 2003              2146
Net earnings from operations.            352

				
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