Clarkson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2016:

Requirements
1. Use the information to prepare a schedule of cost of goods manufactured.
2. What is the unit product cost if Clarkson manufactured 2,135 lamps for the year?

Transcribed Image Text:

Ending Inventories: Raw Materials Work-in-Process Finished Goods Other information: Depreciation, plant building and equipment Raw materials purchases Insurance on plant Sales salaries Repairs and maintenance plant Indirect labor Direct labor Administrative expenses Beginning 58,000 100,000 47,000 22,000 63,000 51,000 $ 13,000 157,000 21,000 46,000 4,000 30,000 129,000 56,000