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The company Esquivel, S.A. presents the following los following data. Initial inventory of finished product Final inventory of finished product Initial inventory of product in
The company Esquivel, S.A. presents the following los following data. Initial inventory of finished product Final inventory of finished product Initial inventory of product in process Final inventory of product in process Raw material purchases during the month Initial inventory of raw materials Final raw materials inventory Indirect workforce labor Administrative salaries Plant equipment depreciation Sales salaries Utilities for the plant (electricity, water) Depreciation of office equipment Warehouse rental for the plant Commissions for sellers Fuels for the plant boiler Sales car gasoline QA Quality assurance) Building rental for offices Plant management $17,000.00 22,500.00 6,800.00 3,450.00 65,000.00 12,000.00 7,000.00 35,000.00 21,000.00 23,000.00 15,000.00 7,800.00 3,400.00 15,800.00 12,000.00 4,500.00 3,400.00 9,450.00 8,000.00 3,400.00 The company manufactures 6,500 units per month and sells them at a price of $52.00 per unit. Calculate: *Use the contemporary costing method. a. Production cost statement b. Unit cost per piece produced c. Prepare an income statement for the company
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