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Make sure to help me with requirment 2! What is the unit product cost if WilsonWilson manufactured 3,700 lamps for the year? Wilson Corp., a
Make sure to help me with requirment 2!
What is the unit product cost if WilsonWilson manufactured 3,700 lamps for the year?
Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018 (Click the icon to view year-end information.) 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 year? Requirement 1. Use the inforrmation to prepare a schedule of cost of goods manufactured. Data Table Wilson, Corp. Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Balances: Beginning Ending Ending Work-in-Process Inventory $59,00023,000 62,000 44,000 Direct Materials Direct Materials Used: 109,000 Finished Goods Inventory Other information: Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor Direct labor Administrative expenses 41,000 $16,000 151,000 24,000 47,000 10,000 39,000 121,000 60,000 Direct Materials Used Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Print Done Cost of Goods ManufacturedStep by Step Solution
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