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

Dec. 31Jan. 1

Inventory of materials $24,000

Inventory of work in process 8,000

Inventory of finished goods 90,000

Direct materials used 210,000

Direct labor 118,000

Selling expenses 170,000

General and administrative expenses 140,000

Jan. 1

inventory of materials $20,000

Inventory of work in process $12,000

inventory of finished goods $80,000

Overhead assigned to production was $192,000.

a. Prepare a 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?

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

NuTronics, Inc.
Schedule of the Cost of Finished Goods Manufactured
For the Year Ended December 31
Manufacturing costs assigned to production:
Total manufacturing costs		0
Total cost of all goods in process during the year		$0

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? (Round your answer to 2 decimal places.)

Required B

Average cost

per-unit