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Income statement powerpoint slide background image

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Presenting income statement powerpoint slide background image. This is a income statement powerpoint slide background image. This is five stage process. The stages in this process are revenue, gross sales, sales returns and allowances, sales discounts, net sales, cost of finished goods sold, raw materials inventory, beginning, raw materials in process, beginning, raw materials purchases, freight in, cost of raw materials available for manufacturing, less raw materials inventory, ending, raw materials-in process, ending, cost of raw materials used, add direct costs, direct labor costs, direct utility costs, direct overhead costs, cost of goods manufactured and available for sale, add finished goods inventory, beg, less finished goods inventory, ending, cost of finished goods sold, gross profit.

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