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Please fill in the blanks Vargas Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2016 (Click the icon to
Please fill in the blanks
Vargas Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2016 (Click the icon to view year-end information.) Data Table Requirements 1. Use the information to prepare a schedule of cost of goods manufactured 2. What is the unit product cost if Vargas manufactured 2,940 lamps for the year? Inventories Raw Materials Work-in-Process Finished Goods Other information Depreciation, plant building and equipment Raw malerials purchases Insurance on plant Salos salaries Repairs and maintenance plant Indirect labor Direct labor Beginning Ending Requirement 1. Use the information to prepare a schedule of cost of goods manufactured Vargas, Corp Schedule of Cost of Goods Manufactured Year Ended December 31, 2016 S 57,000 S 24,000 70,000 52,000 08,000 44.000 S 19,000 153,000 20,000 43.000 8,000 40,000 130,000 59,000 Direct Materials Used Direct Materials Used Manufacturing Overhead Print Done
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