Acc350 Managerial Accounting: E18-22 Knight Corp., a lamp manufacturer, provided

Acc350 Managerial Accounting
E18-22 Preparing a schedule of cost of goods manufactured
Knight Corp., a lamp manufacturer, provided the following information for the year ended December 31, 2014.
Inventories: Beginning Ending
Raw Materials 56,000 23,000
Work-in-Process 103,000 63,000
Finished Goods 41,000 48,000
Other information:
Depreciation, plant building and equipment 16,000
Raw materials purchases 159,000
Insurance on plant 22,000
Sales salaries 46,000
Repairs and maintenance—plant 8,000
Indirect labor 32,000
Direct labor 122,000
Administrative expenses 59,000

Requirements
1. Use the information to prepare a schedule of cost of goods manufactured.
2. What is the unit product cost if Knight manufactured 2,160 lamps for the year?
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