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Snyder Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2024: (Click the icon to view account balances.) (Click
Snyder Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2024: (Click the icon to view account balances.) (Click the icon to view other information.) Requirements 1. Use the information to prepare a schedule of cost of goods manufactured. 2. What is the unit product cost if Snyder manufactured 4,390 lamps for the year? Data table Balances: Requirement 1. Use the information to prepare a schedule of cost of goods manufactured. Snyder, Corp. Schedule of Cost of Goods Manufactured Year Ended December 31, 2024 Direct Materials Used: Direct Materials Used Manufacturing Overhead: Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured Requirement? What is the unit product cost if Snyder manufactured 4 390 lamns for the year? Beginning Ending Direct Materials $ 53,000 $ 26,000 Work-in-Process Inventory 100,000 67,000 Finished Goods Inventory 43,000 49,000 Data table Other information: Print Done Depreciation, plant building and equipment $ 18,000 Direct materials purchases 160,000 Insurance on plant 21,000 Sales salaries 48,000 Repairs and maintenance-plant 14,000 Indirect labor 40,000 Direct labor 126,000 Administrative expenses 52,000 Print Done Requirement 2. What is the unit product cost if Snyder manufactured 4,390 lamps for the year? Cost per lamp = Beginning Direct Materials Beginning Work-in-Process Inventory Depreciation, Plant Building and Equipment Direct Labor Direct Materials Available for Use Ending Direct Materials Ending Work-in-Process Inventory Indirect Labor Insurance on Plant Purchases of Direct Materials Repairs and Maintenance-Plant
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