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Cost and sales information for the most recent fiscal year are shown below: Required: 1. Prepare a schedule of cost of goods manufactured. 2. Prepare

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Cost and sales information for the most recent fiscal year are shown below: Required: 1. Prepare a schedule of cost of goods manufactured. 2. Prepare an income statement. 3. Assume that the company produced 10,000 units of product during the year. What was the average cost per unit for dired materials? What was the average cost per unit for factory depreciation? (Round your answers to 2 decimol places.) 4. Assume that the company expects to produce and sell 15,000 units of product during the coming year. What avera and what total cost would you expect the company to incur for direct materials and for factory depreciation at this lex Assume that raw materials costs charged by suppliers wili not change next year. For factory depreciation, assume th uses straight-line depreciation and that the factory equipment has flve years of useful life remaining. (Round your a decimal places.)

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