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Requlred Information Problem 18-1A (Algo) Classifying costs and computing cost per unit LO C2, P2 [The following information applies to the questions displayed below.] Listed
Requlred Information Problem 18-1A (Algo) Classifying costs and computing cost per unit LO C2, P2 [The following information applies to the questions displayed below.] Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Problem 18-1A (Algo) Part 1 Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example. Requlred Information Problem 18-1A (Algo) Classifying costs and computing cost per unit LO C2, P2 [The following information applies to the questions displayed below.] Listed here are the costs associated with the production of 1.000 drum sets manufactured by TrueBeat Problem 18-1A (Algo) Part 2 2. Compute the average manufacturing cost per drum set. Requlred Information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Problem 18-2A (Algo) Classlfylng costs LO C2 Requlred: Identify each cost as either a product cost or a period cost. If a product cost, classify it as direct materials, direct labor, or factory overhead. If a period cost, classify it as a selling expense or a general and administrative expense. (Leave no cell blenk. Enter "NA. Not a product cost" or "NA - Not a perlod cost" for expenses that are not product cost or perlod cost.) Requlred Informetion Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] The following year-end information is taken from the December 31 adjusted trial balance and other records of Leone Company. Problem 18-3A (Algo) Schedule of cost of goods manufactured and Income statement LO P1, P2 Using the following additional information for Leone Company. complete the requirements below. Requlred: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement. Requlred: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement. Complete this question by entering your answers in the tabs below. Prepare the schedule of cost of goods manufactured for the current year. Requlred: 1. Prepare the schedule of cost of goods manufactured for the current year. 2. Prepare the current year income statement. Complete this question by entering your answers in the tabs below. Prepare the current year income statement
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