QUEStion I|St I [ (Click the icon to view @ CQuestion 1 Required@ CQuestion 2 Requirement 1. Calculate% Question 3 Target ending finished goo Homework:

 

 

QUEStion I|St Ié [ (Click the icon to view @ CQuestion 1 Required@ CQuestion 2 Requirement 1. Calculate% Question 3 Target ending finished goo Homework: Chapter 2 Part B Cost of GoodsManufactured and In Soo Office Equipment ma 0 (Click the icon to view Inventory data Inventory data are as follows Beginning, Ending,January 1, 2022 December 31, 2022 Direct materialsWork in process Finished goods Additional information Revenues in 2022 were $519,750. The selling price per unit and the purchaseprice per kilogram of direct materials were stable throughout the year. The company's ending inventory of finished goods is carried at the average unitmanufacturing costs for 2022. Finished goods inventory at December 31, 2022,was $22,400 Assume management predicts that the selling price per unit and variable cost perunit will be the same in 2023 as in 2022. Fixed manufacturing costs and marketing,distribution, and customer-service costs in 2023 are also predicted to be the sameas in 2022. Sales in 2023 are forecast to be 130,000 units. The desired endinginventory of finished goods, December 31, 2023, is 10,000 units. Assume zeroending inventories of both direct materials and work in process. The company'sending inventory of finished goods is carried at the average unit manufacturingcosts for 2023. The company uses the first-in, first-out inventory methodManagement has asked that you prepare a budgeted statement of comprehensiveincome for 2023. On December 31, 2022, finished goods inventory is 10,000 units X 0 kilograms 2,000 kilograms0 units 0 units0 units ? units Production in 2022 was 106,250 units. Two kilograms of directmaterials is used to make one unit of finished product. HW Score: 97.17%, 83.57 of 86 points@ Points: 557 of 8 Costs incurred 'Costs incurred for 2022 are as follows (V stands for variable; F stands for fixed) Direct materials used costs Direct manufacturing labour costs Plant energy costs Indirect manufacturing labour costs Indirect manufacturing labour costs Other indirect manufacturing costs Other indirect manufacturing costs Marketing, distribution, and customer-service costsMarketing, distribution, and customer-service costs Administrative costs § 144,50025,5004,00015,00017,00010,00022,000126,00040,00058,000 T