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Ellerson Company provided the following information for the last calendar year: Beginning inwentory: Direct materials $67.000 Work in process 29,400 43,200 Finished goods Ending inventory:

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Ellerson Company provided the following information for the last calendar year: Beginning inwentory: Direct materials $67.000 Work in process 29,400 43,200 Finished goods Ending inventory: Direct materials $70,400 Work in process 40,000 Finished goods 42.100 During the year, direct materials purchases amounted to $275,000, direct labor cost was $189.000, and overhead cost was $525.000. During the year 100,000 units were completed Required: 1. Calculate the total cost of direct materials used in production 2. Calculate the cost of goods manufactured Calculate the unit manufacturing cost. Round your answer to the nearest per unit overhead. Round your answers to the nearest cent 3. Of the unit facturing cost calculated in Heument 2 What is the prime cost per unit? per unit Beginning inventory: Direct materials $35,200 Work in process 49,200 Ending inventory Direct materials Work in process $17,200 1.200 During the year, orect materials purchases mounted to $259,600, bor cost was $171,600, and overhead cost was $297,200. There were 40,000 units produced Required: 1. Calculate the total cost of direct materials used in production 2. Calculate the cost of goods manufactured Calculate the unit monacturing cost. If required, round your answer to the nearest ce per un 3. of the unit manufacturing cost calculated in Requirement 2. $6.94 is direct materials and $7. and your weather En What is the prime cost per un per unit What is the version cost per unit? Check My Work Pietro Frozen Foods, Inc. produces frozen pizzas. For next year Pietro predicts that 50,000 units will be produced, with the following total costs: $50.000 Direct materials Direct labor Variable overhead Fixed overhead 220.000 Next year, Pietro expeds to purchase $119,300 of direct material Projected beginning and ending inventories for direct materials and work in process are as follows: Direct Materials Work In Process Inventory Beginning $5,600 Ending 4,900 Pietro expects to produce 50,000 units and sell 49,300 units Beginning inventory of finished goods is $12.500, and ending inventory of finished goods is expected to be $4,000 Required: 1. Prepare a statement of cost of goods sold in good form Prosine Statement of cost of Good Sold for the Cow You Cost of goods manufactured eginfinished goods Cost of goods available for sale M Check My Vio

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