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O Vargas Corp, a lamp manufacturer, provided the following information for the year ended December 31, 2024 (Click the icon to view account balances)
O Vargas Corp, a lamp manufacturer, provided the following information for the year ended December 31, 2024 (Click the icon to view account balances) (Click the icon to view other information) Requirements 1. Use the information to prepare a schedule of cost of goods manufactured 2. What is the unit product cost if Vargas manufactured 3,364 lamps for the year? Data table Direct Materiais Used Ovect Materials Used Manufacturing Overhead Year Ended December 31, 2024 ital Manufacturing Overhead Stal Manufacturing Costs incured during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured Other information: Depreciation, plant building and equipment $ 17,000 Direct materials purchases 153.000 Insurance on plant 25.000 Sales salaries 40.000 Repairs and maintenance-plant 5,000 Indirect labor 38,000 Direct labor 120.000 Administrative expenses 54,000 Print Done Direct Materials Work in Process Inventory Finished Goods Inventory Beginning Ending $ 50,000 $ 20.000 105,000 70,000 48000 51.000 Print Done
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