Comfy Foot Shoe Company makes loafers. During the most recent year, Comfy Foot incurred total manufacturing costs of $24,600,000. Of this amount, $2,000,000 was direct materials used and $17,800,000 was direct labor. Beginning balances for the year were Direct Materials, $700,000; Work-in-Process Inventory, $900,000; and Finished Goods Inventory, $600,000. At the end of the year, balances were Direct Materials, $900,000; Work-in-Process Inventory, $1,500,000; and Finished Goods Inventory, $990,000. Read the requirements. Requirements Analyze the inventory accounts to determine: 1. Cost of direct materials purchased during the year. 2. Cost of goods manufactured for the year. 3. Cost of goods sold for the year. Fido Treats manufactures its own brand of pet chew bones. At the end of December 2024 , the accounting records showed the following: (Click the icon to view account balances.) (Click the icon to view other information.) Data table Data table Requirements 1. Prepare a schedule of cost of goods manufactured for Fido Treats for the year ended December 31, 2024. 2. Prepare an income statement for Fido Treats for the year ended December 31, 2024. 3. How does the format of the income statement for Fido Treats differ from the income statement of a merchandiser? 4. Fido Treats manufactured 17,300 units of its product in 2024. Compute the company's unit product cost for the year, rounded to the nearest cent