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Would you please help me correct the wrong answers on question 2. And 3. And fill out the blank cases on question 3. (Thank you)

Would you please help me correct the wrong answers on question 2. And 3. And fill out the blank cases on question 3. (Thank you) image text in transcribed
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image text in transcribed
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Prime Cost, Conversion Cost, Preparation of Income Statement: Manufacturing Firm Kildeer Company makes easels for artists. During the last calendar year, a total of 30,000 easels were made, and 31,000 were sold for $52 each. The actual unit cost is as follows: Direct materials Direct labor Variable overhead Fixed overhead Total unit cost $14.70 5.80 3.25 15.25 $39.00 The selling expenses consisted of a commission of $1.30 per unit sold and advertising co-payments totaling $95,000. Administrative expenses, all fixed, equaled $183,000. There were no beginning and ending work- in-process inventories. Beginning finished goods inventory was $132,600 for 3,400 easels. e here to search 1/20

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