The following information is available for aikman company.

  
The following information is available for Aikman Company.
    
January   1, 2017
2017
December   31, 2017
 
Raw materials inventory
$21,000
$30,000
 
Work in process inventory
13,500
17,200
 
Finished goods inventory
27,000
21,000
 
Materials purchased
$150,000
 
Direct labor
220,000
 
Manufacturing overhead
180,000
 
Sales revenue
910,000
Prepare an income statement through gross profit.
  
AIKMAN   COMPANYIncome   Statement (Partial)

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