Question: Question # 1 by hand on paper using the variables, A and B , provided in the Assignment Comments. Please use proper form and

Question #1 by hand on paper using the variables, "A and B," provided in the Assignment Comments. Please use proper form and show all of your work. You may do your work in an electronic spreadsheet. Read the directions thoroughly! Keep in mind that while analysis questions are broad by design, your answer should be very specific and use accounting language. Jack Corporation provided the following list of cost data related to its manufacturing operations for the month of August 20X5. All raw materials are direct materials. The company incurred interest expense of $12,000 in the period.
A=15000
B=510000
Problem variables
Beginning raw materials inventory: A
Raw materials purchased (net)2,500,000
Ending raw materials inventory 580,000
Direct labor costs 450,000
Factory rent (fixed)115,000
Indirect labor (fixed)95,000
Factory utilities and maintenance (fixed)410,000
Factory depreciation (fixed)56,000
Beginning work in process: B
Ending work in process 315,000
SG&A sales commissions variable 400,000
SG&A fixed 2,500,000
Beginning Finished goods inventory 3,000,000
Ending Finished goods inventory must be calculated
1. Arrange the cost data into a statement of cost of goods manufactured.
2. If the company sold 10,000 units for $10,000,000 and cost of goods sold for the month was $3,870,000, what was the ending balance (in $) in finished goods inventory for the month?
3. Write the journal entries to (1) purchase the raw materials, (2) transfer raw materials to W-I-P,(3) transfer goods manufactured to finished goods and (4) reduce inventory for goods sold. (create the ledger for this too)
4. Prepare a multi-step income statement
5. Compute breakeven in units and sales dollars assuming Variable Costs are $450 per unit
6. Compute the contribution margin on a per unit basis
7. Analyze the organizations's flow of costs, one paragraph required
8.Analyze the organization's breakeven projection, one paragraph required
Please show all the steps, formulas and everything.

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