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solve and please show work 8,100 Cost Elow Assignment The following information for Transcontinental Inc. is provided. Use this information to answer the succeeding eight

solve and please show work
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8,100 Cost Elow Assignment The following information for Transcontinental Inc. is provided. Use this information to answer the succeeding eight questions: Materials Inventory (Jan. 1, 2014) $33,500 Work-in-process Inventory (Jan. 1. 2014) 28,100 Finished Goods Inventory (Jan. 1, 2014) 36,700 Cost of materials purchased 192.000 Total direct labor costs 168,300 Depreciation - factory machinery 36,200 Small tools expense Office supplies 13,400 Machine helpers wages 48,500 Miscellaneous factory expenses 19,600 Presidents salary 125,000 Power - factory 27,100 Factory insurance expense 10,600 Factory supervisors salary 39,500 Sales and advertisement 18.000 Power-office 11,200 Depreciation - office equipment 8,500 Materials inventory (Dec 31, 2014) 28,200 Work-in-process inventory (Dec 31, 2014) 34,700 Finished Goods Inventory (Dec 31, 2014) 13,900 The sales for Transcontinental Inc. during 2014 were $1,050,000 and a total of 4,800 units were completed during the year. Compute the following for 2014: 1. Cost of materials used? 2. Factory overhead? 3. Total manufacturing cost? 4. Cost of goods manufactured? 5. Cost of goods sold? 6. Gross margin? 7. Net Income (Loss)? Unit Cost

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