3. Synder Corp., a lamp manufacturer, provide the following information for the year ended December 2008: Inventories Materials Work in process Finished goods Beginning Ending $50,000 $25,000 100,000 65,000 40,000 43,000 Other information: Depreciation: Plant Building & Equipment $15,000 Repairs & maintenance- plant $5,000 Materials purchases 155,000 Indirect labour 30,000 Insurance on plant 20,000 Direct labour 120,000 Sales salaries expense 48,000 Administrative expenses 52,000 Sales revenue 550,700 Requirements: i) ii) Prepare a schedule of cost of goods manufactured for the year ended December 31, 2008 Prepare an income statement for Synder Corp. for the year ended December 31, 2008 iii) What is the unit product cost if Synder manufactured 3,000 lamps for the year? -3-