Question
E18-20 (similar to) Snyder Corp., a lampmanufacturer, provided the following information for the year ended December 31, 2018: (Click the icon to viewyear-end information.) ata
E18-20 (similar to)
Snyder Corp., a lampmanufacturer, provided the following information for the year ended December 31, 2018:
(Click the icon to viewyear-end information.)
ata Table
Balances:
Beginning IS THE FIRST ONE
Ending IS THE SECOND ONE
Direct Materials
1$55,000
2$22,000
Work-in-Process Inventory
1$104,000
2$67,000
Finished Goods Inventory
1$49,000
2$52,000
Other information:
Depreciation, plant building and equipment
$19,000
Direct materials purchases
152,000
Insurance on plant
28,000
Sales salaries
42,000
Repairs and maintenanceplant
4,000
Indirect labor
37,000
Direct labor
123,000
Administrative expenses
54,000
Requirements
1. Use the information to p.r.e.p.a.r.e a schedule of cost of goods manufactured.
2. What is the unit product cost if Snyder manufactured 2,165 lamps for theyear?
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