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help help - - X Data Table Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Beginning Ending $ 13,800 $ 9,000 0 1,250 0 5,900
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- - X Data Table Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Beginning Ending $ 13,800 $ 9,000 0 1,250 0 5,900 Print Done - D o 70% Data Table Other information: $ 40,000 Direct materials purchases Plant janitorial services 400 Sales salaries 5,600 Delivery costs 1,400 Net sales revenue 115,000 Utilities for plant 1,800 12,000 Rent on plant Customer service hotline costs 2,000 Direct labor 25,000 Yummy Treats manufactures its own brand of pet chew bones. At the end of December 2024, the accounting records showed the following Click the icon to view account balances.) Click the icon to view other information.) Read the requirements Requirement 1. Prepare a schedule of cost of goods manufactured for Yummy Treats for the year ended December 31, 2024. (For accounts with a $0 balance, make sure to enter in the appropriate column) Yummy Treats Schedule of Cost of Goods Manufactured Year Ended December 31, 2024 Direct Materials Used: Yummy Treats manufactures its own brand of pet chew bones. At the end of December 2024, the accounting records show (Click the icon to view account balances.) (Click the icon to view other information.) Read the requirements Direct Materials Used Manufacturing Overhead: Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Read the requirements Total Manufacturing Costs to Account For Cost of Goods Manufactured Requirement 2. Prepare an income statement for Yummy Treats for the year ended December 31, 2024. (For accounts in the appropriate column.) Yummy Treats Income Statement Year Ended December 31, 2024 Revenue Cost of Goods Sold: . Cost of Goods Sold: Cost of Goods Sold Gross Profit Selling and Administrative Expenses: est Total Selling and Administrative Expenses Operating Income Requirement 3. How does the format of the income statement for Yummy Treats differ from the income statement of a merchandiser? A manutacturer's cost of goods sold is based on its In contrast, a marchandiser's cost of goods sold is based on its Requirement 4. Yummy Treats manufactured 17,100 units of its product in 2024. Compute the company's unit product cost for the year, rounded to the nearest cent Cost per unit Step by Step Solution
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