Please refer to the spreadsheet attached to the question:
1. If Eccles produces 10,000 units what is the unit cost and total cost for direct material and factory rent?
2. Assume that Eccles doubles their production, how will that effect the 2 cost item above?
** Please see the attached excel file for the complete solution **
Cost of Goods Manufactured Schedule
Raw Materials $8,000.00
Work in Progress $5,000.00
Purchases of raw materials $132,000.00
Direct Labor $90,000.00
Indirect Labor $56,300.00
Factory Machinery Depreciation $40,000.00 ...
This solution explains how to produce a schedule including cost of goods manufactured (COGM) and cost of goods sold (COGS) and other values.