Requirement #4: Based on the current economic pressures, the company has decided to eliminate the part time janitor and the cost of that position and have the production workers clean up the area. What will be the new COGM?
1. What will be the new COGM?
2. Computation of Cost per unit: COGM/units produced
3. Calculate the cost in ending finished goods inventory at the end of the year.
If you have used only cell references on your statements you should only have to eliminate the figure in requirement #1 and
the COGM statement will change automatically. Make sure you change the information back to the original information before submitting.
Attachment:- Project.xls