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Carlton Manufacturing Company provided the following details about operations in February: Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment Indirect materials, factory

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Carlton Manufacturing Company provided the following details about operations in February: Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment Indirect materials, factory Selling and administrative salaries Utilities, factory Sales commissions Insurance, factory equipment Depreciation, sales equipment Advertising expenses Rent, factory building $166,000 40,600 34,900 59,800 3,600 46,100 28,400 18,700 4,600 22,400 113,500 ? The company also provided details regarding the balances in the inventory accounts at the beginning and end of the month as follows: Raw materials Work in process Finished goods Beginning of Month $ 37,000 28,800 21,000 End of Month ? ? ? Raw materials used in production cost $177,480, total overhead costs for the year were $207,440, the goods available for sale totalled $408,000, and the cost of goods sold totalled $353,500. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the year. Requirea: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the year. CARLTON MANUFACTURING Schedule of Cost of Goods Manufactured Direct materials: Manufacturing overhead: Total overhead costs Total manufacturing costs Cost of goods manufactured 1-b. Prepare a schedule cost of goods sold section of the company's income statement for the year. Carlton Manufacturing Schedule of Cost of Goods Sold L OneDrive 2. Assume that the dollar amounts given above are for the equivalent of 17,400 units produced during the year. Compute the averag cost per unit for direct materials used, and compute the average cost per unit for rent on the factory building. (Round your answers 2 decimal places.) SCI Th 2. Assume that the dollar amounts given above are for the equivalent of 17,400 units produced during the year. 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 per unit Direct materials Rent, factory building per unit 3. Assume that in the following year the company expects to produce 22,400 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.) Unit cost Total cost Direct materials Rent, factory building 4. This part of the question is not part of your Connect assignment

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