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Working on Requirement 4. Cost Per Unit = Read the requirements Requirement 2. Prepare an income statement for Chewy Bones for the year ended December
Working on Requirement 4.
Cost Per Unit =
Read the requirements Requirement 2. Prepare an income statement for Chewy Bones for the year ended December 31, 2018. (For accounts with a $0 balance, make sure to enter "0" in the appropriate column.) Chewy Bones Income Statement Year Ended December 31, 2018 Data Table Revenue Net Sales Revenue $ 113,000 Balances Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information Direct materials purchases Plant janitorial services Sales salaries Delivery costs Net sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor Beginning Ending S 13,200 8,500 1,200 5,600 Cost of Goods Sold Beginning Finished Goods Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Finished Goods Inventory 72,400 72,400 5,600 S 39,000 300 5,900 1,400 113,000 1,600 13,000 1,400 15,000 66,800 Cost of Goods Sold Gross Profit Selling and Administrative Expenses 46,200 Customer Service Hotline Expense Delivery Expense Sales Salaries Expense 1,400 1,400 5,900 8,700 Total Selling and Administrative Expenses Operating Income Requirement 3. How does the format of the income statement for Chewy Bones differ from the income statement of a merch A manufacturer's cost of goods sold is based on its cost of goods manufactured Requirement 4. Chewy Bones manufactured 17,100 units of its product in 2018. Compute the company's unit product cost for the year, rounded to the nearest cent. Cost per unit = $ 37,500 Print Done In contrast, a merchandisStep by Step Solution
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