Question

The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2015 Dec. 31 24,000 $20,000 Jan. 1 Inventory of materials Inventory of work in process Direct materials used Direct labor Selling expenses General and administrative 8,000 90,000 210,000 70,000 140,000 12,000 expenses Overhead is assigned to production at $192,000 a. Prepare a schedule of the cost of finished goods manufactured. (Not all of the data given above are used in this schedule.) NuTronics, Inc. Schedule of the Cost of Finished Goods Manufactured For the Year Ended December 31, 2015 Manufacturing costs assigned to production: Total manufacturing costs Total cost of all goods in process during the year Cost of finished goods manufactured b. Assume that the company manufactures a single product and that 20,000 units were completed during the year. What is the average per-unit cost of manufacturing this product? (Round your answer to 2 decimal places.) verage cost per-unit Pre

Answer 1

Ans. (a)is given as image

Ans(b) :$24.8 per unit($496000 cost of finished goods manufactured ,divided by 20000 units)

NuTsonies, Inc Schadul of cose ok fiished Cnoods Manu fackaud 1200 0 如paodutkoo : Direct labo Manufachuing ove heod11200 Tolal Manutactusing Coste 90000 aloooD ovet heud 442000 504000 8000 416000 Cost 일 fi nished goods