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tx Various cost and sales data for Meriwell Company for the just-completed year, during which it produced 10,000 units, follow: Required: 1. Pranara a crhediule
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Various cost and sales data for Meriwell Company for the just-completed year, during which it produced 10,000 units, follow: Required: 1. Pranara a crhediule of inst of anods manufactured. 2. Prepare an income statement. 3. What was the average cost per unit for direct materials and factory depreciation? (Round your answers to 2 decimal places.) 4-a. Assume that the company expects to produce 20,000 units of product during the coming year. What average cost per unit and what total cost would you expect the company to incur for direct materials at this level of activity? For factory depreciation? (In preparing your answer, assume that direct materials are a variable cost and that depreciation is a fixed cost, also, assume that depreciation is computed on a straight-line basis.) (Round your "Average Cost" answers to 2 decimal places.) 4-b. Would you expect the average production cost per unit to increase, decrease or stay the same as in the just-completed year? Increase Decrease Remain unchanged Step by Step Solution
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