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Please answer 2.14 parts 1 and 2. Thank you. Wyandotte Company provided the following information for the last calendar year: During the year, direct materials

Please answer 2.14 parts 1 and 2. Thank you. image text in transcribed
Wyandotte Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to $256, 900, direct labor cost was $176,000, and overhead cost was $308, 400. There were 40,000 units produced. Required: Calculate the total cost of direct materials used in production. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. Of the unit manufacturing cost calculated in Requirement 2, $6.62 is direct materials and $7.71 is overhead. What is the prime cost per unit? Conversion cost per unit? For each of the following independent situations, calculate the missing values: The Helen plant purchased $78.300 of direct materials during June. Beginning direct materials inventor) was $2, 500, and direct materials used in production were $73.500. What is ending direct materials inventor)? Forster Company produced 14,000 units at an average cost of $5.90 each. The beginning inventory of finished goods was $3, 422. (The average unit cost was $5.90.) Forster sold 14, 120 units. How many units remain in ending finished goods inventory

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