Listed below are certain accounts of the E Manufacturing Corporation with balances for the year ended December 31, 2021 Supplies expense administrative office Frpild we Depreciation plant and equipment 32.750 Depreciation administrative office 3.500 Direct labor cost 320.207 Transportation Expenses administrative office 3000 Factory heat, light, and power 93,450 Factory supplies cost 12.500 Finished goods inventory, 1/1 65,780 Finished goods inventory, 12/31 106.750 Freight in 9,890 Goods in process inventory, 1/1 25,000 Goods in process inventory. 12/31 21.920 Indirect labor 4,600 Insurance and taxes (factory) 15,620 Purchases 206.000 Raw materials inventory, 1/1 265.650 Raw materials inventory. 12/31 126.300 Salaries expense-administrative officers 40.500 Additional Information: 1. A total of 15,000 units were completed during the year. 2. 50.000 units were sold for Php21.75 cach Requirements 1. Prepare a detailed cost of goods manufactured and sold statement for the year ended December 31, 2021 2. Prepare an income statement for the year ended December 31, 2021 3. Compute for the unit cost of goods manufactured (5 pts..
