Question: Please answer those two questions #1 #2 The following balances are from the accounts of Crabtree Machining Company: Direct materials inventory Work-in-process inventory Finished goods



The following balances are from the accounts of Crabtree Machining Company: Direct materials inventory Work-in-process inventory Finished goods inventory January 1 (Beginning) $ 97,100 198,400 December 31 (Ending) $ 108,200 185,200 44,100 42,300 Direct materials purchased during the year amount to $518,200, and the cost of goods sold for the year was $1,860,000 Required: Prepare a cost of goods sold statement CRABTREE MACHINING COMPANY Cost of Goods Sold Statement For the Year Ended December 31 Manufacturing costs Direct materials 5 For the Year Ended December 31 Manufacturing costs, Direct materials: 10 points Skipped Materials available $ 0 Direct materials used $ eBook 0 Print References Total manufacturing costs Total costs of work-in-process $ 0 s 0 Cost of goods manufactured $ Finished goods available for sale S Cost of goods sold Dayton, Inc. manufactured 15,000 units of product last month and identified the following costs associated with the manufacturing activity $ 1,027.000 2,058,000 241,000 211,000 ed Variable costs: Direct materials used Direct labor Indirect materials and supplies Power to run plant equipment Fixed costs! Supervisory salaries Plant utilities (other than power to run plant equipment) Depreciation on plant and equipment (straight-line, time basis) Property taxes on building 900,000 296,000 143,000 199,000 rences Required: Unit variable costs and total fixed costs are expected to remain unchanged next month. Calculate the unit cost and the total costo 21000 units are produced next month (Round "Unit costs" to 2 decimal places.) Total variable costs Sinyt Fixed costs: Supervisory salaries Plant utilities (other than power to run plant equipment) Depreciation on plant and equipment (straight-line, time basis) Property taxes on building 900,000 296, cee 143,000 199,000 Required: Unit variable costs and total fixed costs are expected to remain unchanged next month. Calculate the unit cost and the total cost if 21,000 units are produced next month (Round "Unit costs" to 2 decimal places.) Total variable costs Total fixed costs Total costs Unit costs
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