Question: I need help with this problem please E16-20 Preparing a schedule of cost of goods manufactured Wilson Corp., a lamp manufacturer, provided the following information
I need help with this problem please
E16-20 Preparing a schedule of cost of goods manufactured Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31,2018 Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Depreciation, plant building and equipment Direct materials purchases Insurance on plant Sales salaries Repairs and maintenance-plant Indirect labor Direct labor Administrative expenses Beginning Ending $59,000 23,000 62,000 44,000 109,000 41,000 $ 16,000 151,000 24,000 47,000 10,000 39,000 121,000 60,000 Requirements 1. Use the information to prepare a schedule of cost of goods manufactured 2. What is the unit product cost if Wilson manufactured 3,700 lamps for the year
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