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The following data from the just completed year are taken from the accounting records of Fatimah Company (in Number of units sold (units) Selling

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The following data from the just completed year are taken from the accounting records of Fatimah Company (in Number of units sold (units) Selling Price (S/unit) Variable selling expense per unit (S/unit) dollars): 20,000 45 5 30,000 Total fixed selling expense (S) Variable administrative expense per unit (S/unit) Total fixed administrative expense (S) Direct labor cost ($) Manufacturing overhead applied to work in process ($) 3 43,000 66,000 Calculate in sheet "Overhead applied" Actual manufacturing overhead cost(S) Indirect materials (S) Purchases of materials during period (S) Account Balances of Inventory accounts: 290,000 28,000 140,000 Beginning balance ($) Ending Balance (S) Raw Materials Work in process Finished goods 5,000 9,000 15,000 4,000 9,000 2,000 Instructions. Please prepare the following reports in the assigned tabs of the excel file: Sheet 1. Calculate POHR, overhead applied and under- or overapplied overhead Sheet 2. Prepare a schedule of cost of goods manufactured. Sheet 3. Prepare a schedule of cost of goods sold; Sheet 4. Prepare a traditional format income statement; Sheet 5. Prepare a contribution format income statement.

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