The accounting records of NuTronics, Inc., include the following information for the year ended December 31.

Dec. 31Jan. 1

Material inventory$24,000$20,000

Work in process800012000

Finished Goods9000080000

Direct material used210000

Direct labor104,000

Selling expenses170000

General & administration140000

Overhead assigned to production was $192,000.

Required:

a.Do schedule of the cost of finished goods manufactured. (Not all of the data given above are used in this schedule.)

b.Assume that the company manufactures a single product and that 20,000 units were completed during the year. What is the average per-unit cost of manufacturing this product?