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MAterials inventory (jan 1 ) - 41 , 500 Work in process inventory (jan 1 st) - 18 , 900 Finished goods inventory (Jan 1
MAterials inventory (jan 1) - 41,500 Work in process inventory (jan 1st) - 18,900 Finished goods inventory (Jan 1) - 26,400 Cost of materials purchased - 145,700 total direct labor costs - 112,300 depreciation - factory machinery - 37,800 small tools expense - 9,100 office supplies - 23,000 machine helpers wages - 38,200 miscellaneous factory expenses - 15,600 presidents salary - 315,000 Power - factory - 17,800 Factory Insurance expense - 10,600 Factory supervisors salary - 89,300 sales and advertisement - 74,000 power- office - 7,200 depreciation - office equipment - 4,750 materials inventory (dec 31) - 18,200 Work-in-process inventory (Dec 31) - 42,200 Finished goods Inventory (Dec 31) - 25,900 the sales during this year were 1,645,000 and a total of 3,900 units were completed during the year : compute the following year : 1) Cost of materials used? 2) Factory overhead? 3) Total manufacturing cost? 4) Cost of goods manufactured? 5) Cost of goods sold? 6) Gross margin? 7) Net income (Loss) ? 8) Unit Cost? Can you also show the work to get there please? Thanks!
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