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Learning Objective 3 E18-20 Preparing a schedule of cost of goods manufactured Wilson Corp., a lamp manufacturer, provided the following information for the ended December
Learning Objective 3 E18-20 Preparing a schedule of cost of goods manufactured Wilson Corp., a lamp manufacturer, provided the following information for the ended December 31, 2018: 1. COGM: $444,000 Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Beginning $ 59,000 109,000 41,000 Ending $23,000 62,000 44,000 $ 16,000 151,000 24,000 Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor Direct labor Administrative expenses 47,000 10,000 39,000 121,000 60,000 Requirements 1. Use the information to prepare a schedule of cost of goods manufactured 2. What is the unit product cost if Wilson manufactured 3,700 lamps for the yo
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