1. Prepare a cost of good manufactured statement and its equations/formula that go with it

Requrea classify the preceding actions as belonging to either an activity-based operational control system or a traditional control system. Explain why you classified each action as you did. Problem 2.32 Income Statement, Cost of Goods Manufactured Objective 3, 4 Spencer Company produced 200,000 cases of sports drinks during the past calendar year. Each case of 1-liter bottles sells for $36. Spencer had 2,500 cases of sports drinks in finished goods inventory at the beginning of the year. At the end of the year, there were 11,500 cases of sports drinks in finished goods inventory. Spencer's accounting records provide the following information: $2.350,000 290,000 112,000 1,100,000 334,000 525,000 416,000 65,000 150,000 200,000 85,000 216,000 500,000 390,000 450,000 750,000 107,500 488750 Purchases of direct materials Direct materials inventory January 1 Direct materials inventory, December 31 Direct labor Indirect labor Depreciation, factory building Depreciation, factory equipment Property taxes on factory Utilities, factory Insurance on factory Salary, sales supervisor Commissions, salespersons Advertising General administration Work-in-process inventory, January1 Work-in-process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory. December 31 Required: . Prepare a cost of goods manufactured statement. Compute the cost of producing one case of sports drink last year. (Round your answer to the nearest cent.)