2-24 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behaviour [LO1, LO2, LO3, LO4, LO5] Carlton Manufacturing Company provided the following details about operations in February: Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment $169,000 40,900 35,100 60,200 Indirect materials, factory 3,650 Selling and administrative salaries 46,400 Utilities, factory 28,600 Sales commissions 18,800 Insurance, factory equipment 4,650 Depreciation, sales equipment Advertising expenses Rent, factory building 22,600 114,000 ? The company also provided details regarding the balances in the inventory accounts at the beginning and end of the month as follows: Beginning of Month End of Month $ 38,000 ? 29,200 21,500 ? ? Raw materials Work in process Finished goods Raw materials used in production cost $181,280, total overhead costs for the month were $210,560, the goods available for sale totalled $412,000, and the cost of goods sold totalled $356,500. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the month of February. Raw materials used in production cost $181,280, total overhead costs for the month were $210,560, the goods available for sale totalled $412,000, and the cost of goods sold totalled $356,500. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the month of February. Direct materials: CARLTON MANUFACTURING Schedule of Cost of Goods Manufactured Raw materials inventory, beginning Add: Purchases of raw materials Raw materials available for use Deduct: Raw materials inventory, ending Manufacturing overhead: Total overhead costs Total manufacturing costs $ 38,000 169,000 207,000 $ 207,000 0 207,000 207,000 Cost of goods manufactured $ 207,000 1-b. Prepare a schedule cost of goods sold section of the company's income statement for the month of February. Carlton Manufacturing Schedule of Cost of Goods Sold $ 2. Assume that the dollar amounts given above are for the equivalent of 17,600 units produced during the month. Compute the average cost per unit for direct materials used, and compute the average cost per unit for rent on the factory building. (Round your answers to 2 decimal places.) Average cost Direct materials Rent, factory building per unit per unit 2. Assume that the dollar amounts given above are for the equivalent of 17,600 units produced during the month. Compute the average cost per unit for direct materials used, and compute the average cost per unit for rent on the factory building. (Round your answers to 2 decimal places.) Direct materials Rent, factory building Average cost per unit per unit 3. Assume that in the following month the company expects to produce 22,600 units. What average cost per unit and total cost would you expect to be incurred for direct materials, and for rent on the factory building? Direct materials are a variable cost and rent is a fixed cost. (Round "Unit cost" answers to 2 decimal places.) Direct materials Rent, factory building Unit cost Total cost