Question 1: Fido Treats manufactures its own brand of pet chew bones. At the end of December 2014, the accounting records showed the following: Inventories: Beginning $ 13,600 Raw Materials Ending $ 8,000 1,000 6,000 Work-in-Process Finished goods 0 Other information: $ Raw materials purchases Plant janitorial services 34,000 700 5,400 Sales salaries Delivery costs Sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor 1,900 106,000 1,400 11,000 1,300 19.000 Requirements 1. Prepare a schedule of cost of goods manufactured for Fido Treats for the year ended December 31, 2014. 2. Prepare an income statement for Fido Treats for the year ended December 31, 2014 3. How does the format of the income statement for Fido Treats differ from the income statement of a merchandiser? 4. Fido Treats manufactured 17,500 units of its product in 2014. Compute the company's unit product cost for the year