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Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: E: (Click the icon to view year-end information.) Data
Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: E: (Click the icon to view year-end information.) Data Table 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. Balances: Beginning Ending Direct Materials $ 59,000 $ 23,000 Wilson, Corp. Schedule of Cost of Goods Manufactured 109,000 62,000 Year Ended December 31, 2018 41,000 44,000 Direct Materials Used: $ 16,000 Work-in-Process Inventory Finished Goods Inventory Other information: Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant 151,000 24,000 47,000 10,000 Direct Materials Used Indirect labor 39,000 121,000 Direct labor Administrative expenses Manufacturing Overhead: 60,000 Print Done Choose from any list or enter any number in the input fields and then click Check Answer. Direct Materials Used Manufacturing Overhead: Total Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured
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