Question: Please do all the requirement clearly 15-6 The following data (in thousands of doilars) have been taken from the accounting records of L Company for
Please do all the requirement clearly

15-6 The following data (in thousands of doilars) have been taken from the accounting records of L Company for theth completed year (2013). Sales ................................................................................ $8?!) Purchases of raw materials ............................................. $190 Direct lab-or ..................................................................... $200 Manufacturing overhead ................................................. $230 Administrative expenses ................................................. $150 Selling expenses .............................................................. 5140 Raw materials inventory. beginning ............................... $10 Raw materials inventory, ending .................................... $40 Work in process inventory. beginning ............................ $20 Work in process inventory, ending ................................. $50 Finished goods inventory, beginning .............................. $90 Finished goods inventory. ending ................................... $130 Required: i} Prepare a Schedule of Cost of Goods Sold. ii) Using data from your answers above as needed, prepare an Income State-meat in good form iii) Suppose the company has produced 7,000 units in 2013 and nd a. Unit cost of direct labour 1:. per unit manufacturing overhead. iv) If the company produce 9,000 units in 2014 a. What will be the unit cost of direct materials and total direct material cost? b. What will be the unit cost of manufacturing overhead and total manufacturing overhead? v. identify the reasons of di'ereoces in unit cost in iii & iv above
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