Prime Cost, Conversion Cost, Preparation of Income Statement: Manufacturing Firm Kildeer Company makes easels for artist:s. a total of 29,000 easels were made, and 30,000 were sold for $56 each. The actual unit cost is as follows: Direct materials Direct labor Variable overhead Fixed overhead Total unit cost The selling expenses consisted of a $13.00 4.00 9.00 16.00 expenses, all flixed, equaled $182,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $147,000 for 3,500 easels. advertising co-payments totaling $90,000. Administrative e Required: 1. Calculate the number and the dollar value of easels in ending finished goods inventory Ending units 800 PM n5/2019 equaled $182,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $147,000 for 3 Required . Calculate the number and the dollar value of easels in ending finished goods inventory. Ending units Dollar amount ) 2. Prepare a cost of goods sold statement. Kildeer Company Statement of Cost of Goods Sold Cost of goods sold 00 PM Cost of goods sold 3. Prepare an a income statement. In addition to dollar amounts, enter the amounts as a percent, rounded to two decimal places. For example, .5235 would be 52.35% and you would enter 52.35 as your answer. Income Statement: Absorption Costing 801 PM