Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018: Other

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Wilson Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2018:

Balances: Ending Beginning Direct Materials $ 23,000 $ 59,000 Work-in-Process Inventory 109,000 62,000 44,000 Finished G

Other information:
Depreciation, plant building and equipment ......................... $ 16,000
Direct materials purchases .............................................. 151,000
Insurance on plant ......................................................... 24,000
Sales salaries ............................................................... 47,000
Repairs and maintenance-plant ........................................ 10,000
Indirect labor .............................................................. 39,000
Direct labor .............................................................. 121,000
Administrative expenses ................................................. 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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Horngrens Accounting

ISBN: 978-0134674681

12th edition

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

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