Citrine Manufacturing Provided the Following Information for the Month Ended

question 35

Essay

Citrine Manufacturing provided the following information for the month ended March 31:
$$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 22,000 \\\hline \text { Beginning Finished Goods Inventory } & 7,000 \\\hline \text { Ending Finished Goods Inventory } & 6,500 \\\hline \text { Cost of Goods Manufactured } & 10,600 \\\hline \text { Selling and Administrative Expenses } & 5,125 \\\hline\end{array}$$ Prepare the income statement.

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Definitions:

Condensed Structures

A method of writing the structure of a molecule in a simplified way, showing how atoms or groups are connected.

Compounds

Substances composed of two or more elements chemically bonded together.

Line-Angle Structure

A graphical representation of chemical structures wherein bonds between atoms are shown as lines, and atom junctions or line ends imply carbon atoms, streamlining the depiction of molecular structures.

Condensed Structure

A method of writing a structural formula of a molecule that shows the arrangement of atoms without drawing all bonds explicitly.