a schedule of the cost of finished goods manufactured. OBLEM 21A-4 w of nufacturing sts Shown below are 1994 data regarding Talking Teddy, one of the major products manufactured by St. Nicholas Toy Co.: Purchases of direct materials ..... Direct materials used ... Direct labor payrolls (paid during the year) Direct labor costs assigned to production Manufacturing overhead (incurred and applied) .. $332,000 333,600 176,700 180,000 288,000 During the year 60,000 units of this product were manufactured and 62,100 units were sold. Selected information concerning inventories during the year is shown below: Dec. 31 $ ? 4,700 ? STRUCTIONS Jan. 1 Materials.. $ 12,800 Work in process. 4,100 Finished goods, Jan. 1 (3,000 units @ $13) 39,000 a Prepare a schedule of the cost of finished goods manufactured for this product in 1994. b Compute the average unit cost of Talking Teddies completed in 1994. c Compute the cost of Talking Teddies goods sold during the year. Assume that there is a first-in, first-out (FIFO) flow through the finished Goods Inventory account and that all units completed in 1994 are assigned the per-unit cost determined in part b