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This Question: 1 pt 2 of 13 (0 complete) Davis Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018:
This Question: 1 pt 2 of 13 (0 complete) Davis Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: (Click the icon to view year-end information.) Requirements 1. Use the information to prepare a schedule of cost of goods manufactured. 2. What is the unit product cost if Davis manufactured 2,675 lamps for the year? Davis, Corp. Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 -X Data Table Direct Materials Used: Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Beginning Ending $ 57,000 $30,000 106,000 63,000 42,000 48,000 Other information: Direct Materials Used $ 20,000 156,000 Manufacturing Overhead: Depreciation, plant building and equipment Direct materials purchas Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor 20,000 50,000 5,000 32,000 125,000 Direct labor Administrative expenses 51,000 Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Print Done Cost of Goods Manufactured Requirement 2. What is the unit product cost if Davis manufactured 2,675 lamps for the year? Cost per lamp = Beginning Direct Materials Beginning Work-in-Process Inventory Depreciation, Plant Building and Equipment Direct Labor Direct Materials Available for Use Ending Direct Materials Ending Work-in-Process Inventory Indirect Labor Insurance on Plant Purchases of Direct Materials Repairs and Maintenance-Plant Beginning Direct Materials Beginning Work-in-Process Inventory Depreciation, Plant Building and Equipment Direct Labor Direct Materials Available for Use Ending Direct Materials Ending Work-in-Process Inventory Indirect Labor Insurance on Plant Purchases of Direct Materials Repairs and Maintenance-Plant
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