Variable/ Freed Depreciation Assignment

Beg RM + Purchase END WP cost of Goods m et ied – ENORM Direct matinal Pinat labor Biltwright Inc. Selected Information (in Millions) о/н Adole. Total manufacturing Cost For The Year 2019 Plant utilities → € 8 Fixed Superuse Indirect manufacturing labor 21 -Variable/ freed Depreciation-plant and 6 equipment Revenues 360 16 LOST 15 For Specific Date BIS. Work-in-process inventory. €10 Jan. 1. 2019 Direct materials inventory. 4 Dec 31, 2019, Finished-goods inventory. 16 Dec 31, 2019 Accounts payable, Dec. 31. 24 2019 Accounts receivable, Jan. I. 53 2019 Work-in-process inventory. 5 Dec 31, 2019, Finished-goods inventory, S an 1, 2019 Accounts receivable. Dec. 32 31.2019 Accounts payable, Jan. 1. voiable02 per unit Direct materials inventory. 34 Jan. 1. 2019 —-TC

Miscellaneous manufacturing overhead Marketing, distribution, and customer service costs Direct materials purchased 90 e de Direct manufacturing labor total con stop Sales 45 Plant supplies used 7 yel bird Property taxes on plant redd 2 y=mx+b Toral Cost – Veulx) IFC x Direct material & Direct Labor 2. /S Required: 1. Prepare an income statement and a supporting schedule of cost of goods manufactured What are total prime costs and total conversion costs? –> OHPL What are total inventoriable (product) costs and period costs? Assuming 2 million units are produced, what are unit costs, (total, prime and conversion 5. Identify which costs are fixed, variable or mixed 16 Tarnished Goods Sales Zwerter Inventory Corsi Inventory 37 Bes FG 44 BBP (DMorocoon – LOM COGS + COGM +224 Pago 918 Prime DL yol 24 234 24 -ENDIG (14) 11 T WIP IS Raw material. Dmoocosm PurchasDm.

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