Requirement:

Here is the requirement 3 answers, hope it can help you to finish question 4!

Wondering Stream, a winery in British Columbia, manufactures a premium white cabernet and sells primarily to distributors. Wine is sold in cases of one dozen bottles. In the year ended December 31, 2015 Wondering Stream sold 250,000 cases at an average selling price of S11080 per case, The following additional data are for Wondering Stream for the year ended December 31. 2015 (assume constantunitcosts and no price rate, or effciency variances). (Clickthe icon to view the data) Required Beginning inventory, January 1, 2015 30,000 cases Ending inventory, December 31,2015 20,000 cases Fixed manufacturing overhead $4,200,000 Fixed operating costs $7,856,000 Variable costs per case: Grapes $17.50 per case Bottles, corks, and crates $11.50 per case Direct labour Bottling $6.50 per case Winemaking $14.80 per case Aging $1.80 per case On December 31, 2015, the unit costs per case for closing inventory are $58.70 for variable costing and S76.70 for absorption costing