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Chewy Bones manufactures its own brand of pet chew bones. At the end of December 2018, the accounting records showed the following: (Click the icon

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Chewy Bones manufactures its own brand of pet chew bones. At the end of December 2018, the accounting records showed the following: (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Prepare a schedule of cost of goods manufactured for Chewy Bones for the year ended December 31, 2018. (For accounts with a 50 balance, make sure to enter "O" in the appropriate column.) Data Table Chewy Bones Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Balances: Direct Materials Used: Direct Materials Beginning Ending $ 13,300 $ 10,000 0 4,500 0 5,600 S 38,000 Direct Materials Used Work-in-Process Inventory Finished Goods Inventory Other information: Direct materials purchases Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant 400 Manufacturing Overhead: 5,300 1,400 111,000 1,700 Rent on plant 12,000 2,000 Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Customer service hotline costs Direct labor 15,000 ITI Print Done Cost of Goods Manufactured Requirement 2. Prepare an income statement for Chewy Bones for the year ended December 31, 2018. (For accounts with a $0 balance, make sure to enter "0" in the appropriate column.) Data Table Chewy Bones Income Statement Year Ended December 31, 2018 Revenue: Balances: Ending Beginning $ 13,300 Direct Materials $ 10,000 Cost of Goods Sold: 0 4,500 Work-in-Process Inventory Finished Goods Inventory Other information: 0 5,600 $ 38,000 400 Cost of Goods Sold Gross Profit Selling and Administrative Expenses: Direct materials purchases Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor 5,300 1,400 111,000 1,700 12,000 2,000 15,000 Total Selling and Administrative Expenses Operating Income Requirement 3. How does the format of the income statement for Chewy Bones differ from the income statement of a mercha Print Done Requirement 3. How does the format of the income statement for Chewy Bones differ from the income statement of a merchandiser? A manufacturer's cost of goods sold is based on its In contrast, a merchandiser's cost of goods sold is based on its Requirement 4. Chewy Bones manufactured 17,100 units of its product in 2018. Compute the company's unit product cost for the year, rounded to the nearest cent. Cost per unit =

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