QuantumElectronics Ltd. has the following information:
•Direct materials: $45,000
•Direct labor: $35,000
•Factory overhead: $25,000
•Work in Progress (Beginning): $10,000
•Work in Progress (Ending): $12,000
•Finished Goods (Beginning): $12,000
•Finished Goods (Ending): $15,000
Requirement: Prepare a cost of goods manufactured statement and a cost of goods sold statement for QuantumElectronics Ltd. Also, calculate the cost per unit if 6,000 units were produced.