1 Data Table Balances: 88 Direct Materials Work-in-Process Inventory Finished Goods Inventory Beginning $ 53,000 106,000 43,000 Ending $ 29,000 61,000 51,000 Other information: $ Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor Direct labor 11,000 158,000 30,000 44,000 7,000 38,000 120,000 Print Done Data Table $ $ 53,000 106,000 43,000 29,000 61,000 51,000 Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor Direct labor Administrative expenses 11,000 158,000 30,000 44,000 7,000 38,000 120,000 54,000 Smith Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: (Click the icon to view year-end information.) Requirements 1. Use the information to prepare a schedule of cost of goods manufactured. 2. What is the unit product cost if Smith manufactured 4,330 lamps for the year? Requirement 1. Use the information to prepare a schedule of cost of goods manufactured. Smith, Corp. Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Direct Materials Used: Direct Materials Used Manufacturing Overhead: Total Manufacturing Overhead Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured Requirement 2. What is the unit product cost if Smith manufactured 4,330 lamps for the year? Cost per lamp =