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use this data table Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: (Click the icon to view
use this data table
Wilson 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 Wilson manufactured 3,700 lamps for the year? Requirement 1. Use the information to prepare a schedule of cost of goods manufactured. Wilson, Corp. Schedule of Cost of Goods Manufactured Year Ended December 31, 2018 Homework: Chapter 18 Homework Score: 0 of 2 pts 3 of 5 (1 complete) E18-20 (book/static) Wilson 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 Wilson manufactured 3,700 lamps for the year? Direct Materials Used: Direct Materials Used Direct Materials Used Manufacturing Overhead: Total Manufacturing Overhead Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured Data Table Balances: Direct Materials Beginning $ 59,000 109,000 41,000 Ending $ 23,000 62,000 44,000 Work-in-Process Inventory Finished Goods Inventory Other information: $ Depreciation, plant building and equipment Direct materials purchases Insurance on plant 16,000 151,000 24,000 Data Table Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance plant 16,000 151,000 24,000 47,000 10,000 39,000 Indirect labor Direct labor Administrative expenses 60,000 Data Table Balances: Ending Direct Materials Beginning $ 27,000 40,000 $ Work-in-Process Inventory 28,000 32,000 25,000 18.000 Finished Goods Inventory Other information: Purchases of direct materials $ 73,000 88,000 Direct labor Manufacturing overhead 43.000 Drindar Step by Step Solution
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