Feeds & More is a manufacturer of bulk animal feeds for pigs. The following information pertains to operations during the 2018 calendar year. Sales Revenue Direct Factory Labor Indirect Factory Labor Total Depreciationi Total Utilities a Distribution & Customer Service Costs Insurance on Plant & Equipment Property Taxes 3 Administrative Wages & Salaries Advertising Expenses Sales Commission $14,275,0oo 3,935,600 232,2 400,000 5,000 76,800 85.000 90,000 o76,o00 700 6% of Sales Revenue of the total depreciation, 80% relates to factory plant & equipment and 20% relates to general and administrative costs. Of the total utilities, 75% relates to manufacturing and 25% relates to general and administrative costs. The property taxes The property taxes should be shared: 85% manufacturing & 15% general & administrative costs The following additional information is also available Raw Materials Indirect Materials55,000 320,000 Work In Progress 1,115,400 Inventory Data: 1/1/2018 Purchases 31/12/2018 $807,000 500 924,000 720,200 750,000$4,330,000 n/a n/a Goods 142,600 Required: a) Calculate the raw material used by Feeds & More. b) Calculate the indirect materials used by Feeds &More c) What is the total manufacturing overhead cost incurred by Feeds & More during the period? (2 marks) (2 marks) (3 marks) (3 marks) (5 marksj (6 marks) (2 marks) d) Determine the prime cost & conversion cost of the feed manufactured. e) Prepare a schedule of cost of goods manufactured for the year ended December 31, 2018, clearly showing total manufacturing cost &total manufacturing costs to account for. f Prepare an income statement for Feeds &More for the year ended December 31, 2018. List the non- factory overheas in oraer of size starting with the largest. g) What is the unit product cost if Feeds & More manufactured 18.00o bags of feeds for the year