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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 direct materials? What was the average cost per unit for factory depreciation? (Round your answers to 2 decimal ploces.) 4. Assume that the company expects to produce and seli 15,000 units of product duting the coming yeat What dverage cost per unit and what total cost would you expect the company to incur for direct materials and for factory depreclation at this level of actlilily? Assume that raw materlals costs chatged by supplers will not change next year. For factory clepreciation, assume that the company uses straight-fine depreciation and that the factory equipment has five years of useful ufe remaining. (Round your answers to 2 decimal places.)

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