Sidcup Furnishings Ltd. – Profits and Loss Statement Analysis – Research Paper – Kevin Xie Search Essays Sign up Sign in Contact us Tweet Index /Biographies Sidcup Furnishings Ltd. – Profits and Loss Statement Analysis Management Accounting Report SamplePROFITS AND LOSS STATEMENT ANALYSIS From the extracts of the profit and loss statement of Sidcup Furnishings.
Profits and Loss Statement Analysis Profits and Loss Statement Analysis PROFITS AND LOSS STATEMENT ANALYSIS From the extracts of the profit and loss statement of Sidcup Furnishings Ltd. from the years 2002 to 2005, the direct materials cost have notably fluctuated in the years observed, evidenced in the increase in 2002 to 2004 and experiencing.
Accounting Accounting EX 19-2 Cost of goods sold: Sales $775,000 Less gross profit 265,000 Cost of goods sold $510,000 Direct materials cost: Materials purchased $303,000 Less: Indirect materials 32,000 Materials inventory 35,000 67,000 Direct materials cost $236,000 Direct labor cost: Total manufacturing costs for the period $620,000 Less: Direct materials cost $236,000 Factory overhead 112,500.
