Various cost and sales data for Meriwell l{Company for thejust-completed year, during which it produced 10,000 units, follow: Finished goods inventory, beginning Finished goods inventory, ending Depreciation, factory Administrative expenses Utilities, factory Maintenance, factory Supplies, factory Insurance, factory Purchases of raw materials Raw materials inventory, beginning Raw materials inventory, ending Direct labour Indirect labour Norkinprocess inventory, beginning Nork-in-process inventory, ending Sales Selling expenses 1 22,999 44,999 16,999 193,999 19,999 46,999 11,999 3,999 127,999 6,999 6,999 22,999 16,599 19,999 21,999 519,999 21,999 Req u ired: 1. Prepare a schedule of cost of goods manufactured. Direct malerials: For the Year Just Completed Direct materials: Raw materials available for use Raw materials used in production Manufacturing overhead: Total overhead costs Total manufacturing costs Total work in process inventory Cost of goods manufactured\f3. What was the average cost per unit for direct materials and factory depreciation? [Round your answers to 2 decimal places.) Direct materials _ per unit Factor)I depreciation _ per unit 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 straightline basis.) {Round your 'verage Cost" answers to 2 decimal places.} d-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 oreparing 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 straightline 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 thejustcompleted year? 0 Increase O Decrease O Remain unchanged