dont nneed to see work just correct answer for cog manfuactured and add beggineing finsished goods inventory

Chapter 2 Homework EX.02.17

Prime Cost, Conversion Cost, Preparation of Income Statement: Manufacturing Firm Kildeer Company makes easels for artists. During the last calendar year, a totel of 30,000 easels were made, and 31,000 were sold for $52 each. The actual unit cost is as follows: $14.20 Direct materials Direct label 5.80 Variable overhead 3.25 Fixed overhead 15.25 Total unit cast $39.00 The selling expenses consisted of a commission of $1.30 per unt sold and advertising co-payments totaling 895,000. Administrative expenses, all fixed, cqualed $183,000. There were no beginning and ending work-in-process inventories. Beginning finished goods Inventory was $132.600 for 3.100 eesels. Required: 1. Calculate the number and the dolar value of asels in anding finished goods inventory. Ending units 2,400 Dollar amount 93,600 Feedback Crack, 1. Remember that cost of goods manufactured increases finished goods inventory. 2. Prepare a cost of goods sold statement. Kildeer Company Statement of Cost of Goods Sold For the Year Ended December 31 Cost of goods manufactured Add: Beginning finished goods inventory Cost of goods available for sale Less: Ending finished goods inventory 182,40 X 1,17,00 X 1,102,601 YAN Cost of goods sold 1,200,00