Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment Indirect materials, factory Selling and administrative salaries Utilities, factory Sales commissions Insurance, factory equipment Depreciation, sales equipment Advertising expenses Rent, factory building $ 187,000 42,700 36,300 62,600 3,950 48,200 29,800 19,400 4,950 23, 800 117,000 ? The company also provided details regarding the balances in the inventory accounts at the beginning and end of the month as follows: Raw materials Work in process Finished goods Beginning of Month $ 44,000 31,600 24,500 End of Month ? ? ? Raw materials used in production cost $204,920, total overhead costs for the year were $229,280, the goods available for sale totalled $436,000, and the cost of goods sold totalled $374,500. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the year. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the year. CARLTON MANUFACTURING Schedule of Cost of Goods Manufactured Direct materials: Manufacturing overhead: Total overhead costs Total manufacturing costs Cost of goods manufactured 1-b. Prepare a schedule cost of goods sold section of the company's income statement for the year. Carlton Manufacturing Schedule of Cost of Goods Sold 2. Assume that the dollar amounts given above are for the equivalent of 18,800 units produced during the year. Compute the average cost per unit for direct materials used, and compute the average cost per unit for rent on the factory building. (Round your answers to 2 decimal places.) Direct materials Rent, factory building Average cost per unit per unit 3. Assume that in the following year the company expects to produce 23,800 units. What average cost per unit and total cost would you expect to be incurred for direct materials, and for rent on the factory building? Direct materials are a variable cost and rent is a fixed cost. (Round "Unit cost" answers to 2 decimal places.) Unit cost Total cost Direct materials Rent, factory building