Selected account balances for the year ended December 31 are provided below for Superior Company:

Selling and administrative salaries	$	121,000
Insurance, factory		8,200
Utilities, factory		47,500
Purchases of raw materials		?
Indirect labour		70,000
Direct labour		39,300
Advertising expense		66,000
Cleaning supplies, factory		9,000
Sales commissions		52,500
Rent, factory building		144,000
Maintenance, factory		30,000

Inventory balances at the beginning and end of the year were as follows:

	Beginning of the Year			End of the Year
Raw materials	$	64,800		$	11,800
Work in process		?			43,300
Finished goods		48,000			92,000

The total manufacturing costs for the year were $684,000, and the cost of goods sold totalled $680,000. Required: 1.a. Prepare a schedule of cost of goods manufactured.

1.b. Prepare the cost of goods sold section of the company's income statement for the year.

2. Assume that the dollar amounts given above are for the equivalent of 60,000 units produced during the year. Compute the average cost per unit for direct materials used and the average cost per unit for rent on the factory building. (Round your answers to 2 decimal places.)

3. Assume that in the following year the company expects to produce 50,000 units. What average cost per unit and total cost would you expect to be incurred for direct materials? For rent on the factory building? (Assume that direct materials are a variable cost and that rent is a fixed cost.) (Round your "Average Cost'' answers to 2 decimal places.)