DISCUSSION 2 Synder Corp., a lamp manufacturer, provide the following information for the year ended December 2008: Inventories Materials Work in process Finished goods Other information: Depreciation: Plant Building & Equipment Materials purchases Insurance on plant Sales salaries expense Requirements: i) ii) Beginning Ending $50,000 $25,000 100,000 65,000 40,000 43,000 $15,000 Repairs & maintenance-plant 155,000 Indirect labour $5,000 30,000 20,000 Direct labour 120,000 48,000 Administrative expenses Sales revenue 52,000 550,700 Prepare a schedule of cost of goods manufactured for the year ended December 31, 2008 Prepare an income statement for Synder Corp. for the year ended December 31, 2008 iii) What is the unit product cost if Synder manufactured 3,000 lamps for the year?