Answer options for question

4. Beginning work in process, cost of goods manufactured, direct materials, direct wages, ending work in process.

5. Beginning finished goods inventory, cost of good avaliable for sale, cost of goods manufactured, cost of goods sold, ending finished goods inventory.

6. Administrative expenses, cost of goods sold, gross margin, operating income, sales, selling expenses.

Cost Assignment Methods Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and water are mixed together and then bottled in 10-gallon drums. Brody provided the following information for last year: $250,000 140,000 45,000 30,000 50,000 15,000 20,000 18,000 34,000 Raw materials purchases Direct labor Depreciation on factory equipment Depreciation on factory building Depreciation on headquarters building Factory insurance Property taxes: Factory Headquarters Utilities for factory Utilities for sales office Administrative salaries Indirect labor salaries Sales office salaries Beginning balance, raw materials Beginning balance, work in process Beginning balance, finished goods Ending balance, raw materials Ending balance, work in process Ending balance, finished goods 1,800 150,000 156,000 90,000 124,000 124,000 84,000 102,000 130,000 82,000 Last year, Brody completed 100,000 units. Sales revenue equaled $1,200,000, and Brody paid a sales commission of 5 percent of sales. Required: 1. Calculate the direct materials used in production for last year. 2. Calculate total prime cost. 3. Calculate total conversion cost. 4. Prepare a cost of goods manufactured statement for last year. Brody Company Statement of Cost of Goods Manufactured For Last Year Total manufacturing cost Calculate the unit product cost. If required, round your answer to the nearest cent. 5. Prepare a cost of goods sold statement for last year. Brody Company Statement of Cost of Goods Sold For Last Year 6. Prepare an income statement for last year. Show the percentage of sales that each line item represents. When required, round the percent to four decimal places before converting to a percentage. For example, .88349 would be rounded to .8835 and entered as 88.35. Brody Company Income Statement For Last Year Percent Sales Cost of goods sold Gross margin Less: Operating expenses