Knight, Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2012: Requirements

Question:

Knight, Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2012:

Ending $ 23,000 63,000 48,000 Inventorics: Materials Work in proccss Finished goods Beginning $ 56,000 103,000 Other inf

Requirements
1. Prepare a schedule of cost of goods manufactured.
2. What is the unit product cost if Knight manufactured 2,160 lamps for theyear?

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Related Book For  book-img-for-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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