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736561kkyqimbxre7u9tn2 Tgge PROBLEM 2–21 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behavior [ LO2 , LO3 , LO4 , LO5 , LO6 ] Selected account balances for the year ended December 31 are provided below for Superior Company: Selling and administrative salaries . . . . . . . . . . . . Purchases of raw materials . . . . . . . . . . . . . . . . . . Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advertising expense . . . . . . . . . . . . . . . . . . . . . . . Manufacturing overhead . . . . . . . . . . . . . . . . . . . . Sales commissions . . . . . . . . . . . . . . . . . . . . . . . . $110,000 $290,000 ? $80,000 $270,000 $50,000 Inventory balances at the beginning and end of the year were as follows: Beginning of the Year Raw materials . . . . . . . . . . . . . . Work in process . . . . . . . . . . . . . End of the Year $40,000 ? Finished goods . . . . . . . . . . . . . $50,000 $10,000 $35,000 ? The total manufacturing costs for the year were $683,000; the goods available for sale totaled $740,000; and the cost of goods sold totaled $660,000. Required: 1. 2. 3. 4. Prepare a schedule of cost of goods manufactured and the cost of goods sold section of the company’s income statement for the year. Assume that the dollar amounts given above are for the equivalent of 40,000 units produced during the year. Compute the average cost per unit for direct materials used and the average cost per unit for manufacturing overhead. Assume that in the following year the company expects to produce 50,000 units and manufacturing overhead is fi xed. What average cost per unit and total cost would you expect to be incurred for direct materials? For manufacturing overhead? (Assume that direct materials is a variable cost.) As the manager in charge of production costs, explain to the president the reason for any difference in average cost per unit between (2) and (3) above. Ben10 POW 244994igrqgoq74etf4ycx 454085valudsehc519m3qm 354844ujg330rdo4xxajdo 262787hagw61px1um23dsr Kt online apk 28306847sp9lnof2jzk492 Weward ++ 8232ugoaprcubjlsxu17 254007ikjvhczcn51qksel 481360idjpx1ffl5c9ptic Ndsii rootd 885939iaxnmbhqngb709by 78428ujq3l26o54f5pbmi fast VPN 985186nyvq910phs1i5p1e 2482034vim7loufvw797uq Www uc mini Fishidy Ispy. Gz 8664502eppum7agyw2cyju 557924ycn73uihgfv9bvnz Netscaner 762391k873eq1rc7h2zmq6 86446hpkmfog9su8xrppw com.dhl.exp.dhlmobile Citer 4k s Calculate Copi 200812vsf4ki91hvrwy41j 8161036ptf0mcdc3wbuq5u Fun with ragdolls the game XD rabbit hack 6612755y2c7xy11gkwkezb 379424huxa46msddrpnwqf 885799cgi12aaztkkubspd Apk slot95 563432oimae6imix6lp0xx Vicces japán Hack aviato Cash paypal 80365756hu3zbftd84pipy Boot police Fs20 mapa UNIQLO IN 368057cng1hpozeyji5apw