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Jarvis Company provided the following information regarding its first year of operations: 60,400 16,400 4,400 44,000 30,000 85,140 Administrative salaries Depreciation on factory equipment Indirect
Jarvis Company provided the following information regarding its first year of operations: 60,400 16,400 4,400 44,000 30,000 85,140 Administrative salaries Depreciation on factory equipment Indirect materials Marketing costs Salaries for factory supervisors Wages for production workers Raw materials used Research and development Rent on factory building Sales revenues Sales salaries and other selling costs Beginning inventory Number of units produced Number of units sold Required: Determine the following amounts: (a) Total overhead costs. (b) Total product costs. (c) Product cost per unit. Note: Round your answer to 2 decimal places. (d) Total cost of ending finished goods inventory. (e) Total cost of goods sold. a. Overhead costs b. Product costs c. Product cost per unit 104,200 34,000 19,000 436,000 60,000 0 units 21,000 19,000
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