The accounting records of nutronics inc include the

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The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011.


Dec. 31 Jan. 1
Inventory of materials
$ 24,000

$ 20,000
Inventory of work in process

8,000


12,000
Inventory of finished goods

90,000


80,000
Direct materials used

195,000




Direct labor

124,000




Selling expenses

170,000




General and administrative expenses

140,000





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.)(Input all amount as positive values. Omit the "$" sign in your response.)

NuTronics, Inc.
Schedule of the Cost of Finished Goods Manufactured
For the Year Ended December 31, 2011


$
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. Omit the "$" sign in your response.)

Average cost per-unit $

Reference no: EM13480967

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