Assume income tax expense for the year is: $233,725 1.) Prepare the company's 2017 schedule of cost of goods manufactured. Be sure to fill out the t-accounts to receive full points \#REF! \#REFI $233,725 \#REFI \begin{tabular}{|c|l|l|l|} \hline \multicolumn{1}{|c|}{ A7 } & \multicolumn{1}{|c|}{40 Points } \\ \hline 1 & 40 Points & & \\ \hline 2 & & Nombre Company Management predicts: & \\ \hline 3 & & Variable Costs & \\ \hline 4 & & Fixed Costs & 450,000 \\ \hline 5 & & After Tax Income & 550,000 \\ \hline 6 & & Income tax percentage & 183,000 \\ \hline 7 & & Contribution margin per unit & 40% \\ \hline \end{tabular} Use this information to compute : 20 points (1) total expected dollar sales for next period 20 Points (2) number of units expected to be sold next period 2 Dengo Co. makes a trail mix in two departmets, roasting and blending. Direct materials are added at the beginning of each process, and conversion costs are added evenly thorughout each procese. The company uses the FIFO method of process costing. h. Information on the roasting department's costs of beginning work in process inventory and costs added during the morith follows: Using FIFO Process Costing Determine: 5 points Direct materials equivalent units 70%completewithrespecttoconversion Information on the roasting department's costs of beginning work in process inventory and costs added during the month followi. 5 points Direct materials equivalent units 5 points Conversion equivalent units 5 points Cost per equivalent unit for direct materials 5 points Cost per equivalent unit for conversion 10 points Total costs transferred to finished goods inventory 5 points Ending Balance in WIP.Direct Materials 5 points Ending Balance in WIP.Conversion fix 40 Points \begin{tabular}{c|c} \hline Ending Balance in WIP - Conversion \end{tabular} e.u. dm Beginning started and completed ending total costs during month total costs during month total e.u. dm total e.u. conversion FIFO- first in first out! beg conv dm completed conv completed 17=18+20a=20b= wip-dm wip conversion finished goods inventory Beginning dm added during month beginning conversion conversion during month Compare Activity Based Costing with Job Order Costing and Process Costing Be sure to list when each costing method should be used. Please write at least 5 sentences. Clicke here to start typing your response