$ #1 JackJoe Corporation provided the following list of cost data related to its manufacturing operations for the month of September 20X4. All raw materials are direct materials. Beginning raw materials inventory 500,000 Raw materials purchased (net) 2,000,000 Ending raw materials inventory 750,000 Direct labor costs 400,000 Factory rent (fixed) 125,000 Indirect labor (fixed) 95,000 Factory utilities and maintenance (fixed) 450,000 Factory depreciation (fixed) 56,000 Beginning work in process 777,000 Ending work in process 717,000 SG&A sales commissions variable 400,000 SG&A fixed 2,500,000 Beginning Finished goods inventory 3,000,000 must be Ending Finished goods inventory calculated Arrange the cost data into a statement of cost of goods manufactured. If JackJoe sold 10,000 units for $10,000,000 at a cost of goods sold for the month was $4,000,000, what was the ending balance in finished goods inventory for the month of September? Write the journal entries to (1) purchase the raw materials, (2) transfer raw materials to W-I-P, (3) transfer goods manufactured to finished goods and (4) reduce inventory for goods sold. Prepare a multi-step income statement Compute breakeven in units and sales dollars assuming Variable costs are $300 per unit Compute the contribution margin on a per unit basis