Managerial Accounting, v1.0: "Chapter 1, Section 8: Income Statements for Manufacturing Companies"

Manufacturing companies, such as Ford Motor Company, necessarily have different income statements than other types of companies. Service companies, such as Ernest and Young, have a dramatically different income statement from Ford and dramatically different management accounting needs. Similarly, merchandisers, such as Home Depot, also require different income statement and management accounting information. In this section you will consider what the income statements of manufacturers look like—this is probably the most complex type of income statement.