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The following data has been collected from Company for the year ended December 31, 2021 (in $). 1. Prepare a schedule for the cost of
The following data has been collected from Company for the year ended December 31, 2021 (in $).
1. Prepare a schedule for the cost of goods manufactured for the year 2021 2. Prepare income statement for the year ended 2021 3. If the company produced 20,000 bottles of water in 2021, calculate the company's unit product cost for the year
Beginning Inventories Materials 8.000 1.100 Work-in-process Finished goods Ending Inventories 5.000 Materials 9.500 5.500 5.700 28.000 300 Work-in-process Finished goods Other Information Direct material purchases Plant janitorial services Sales salaries expense Delivery expense Sales revenue Utilities for plant Rent for plant Customer services hotline expense 5.200 1.300 110.000 1.100 9.000 1.800 Direct labor 27.500Step by Step Solution
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