Wayman Corporation reports the following amounts in its December 31, 2018, income statement. Sales revenue $ 397,000 Income tax expense $ 51,000 Interest expense 21,000 Cost of goods sold 131,000 Salaries expense 41,000 Advertising expense 31,000 Utilities expense 51,000 Required: Prepare a multiple-step income statement.

Kenney co. uses process costing to account for the production of canned energy drinks. direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. equivalent units have been calculated to be 19,200 units for materials and 16,000 units for conversion costs. beginning inventory consisted of $11,200 in materials and $6,400 in conversion costs. april costs were $57,600 for materials and $64,000 for conversion costs. ending inventory still in process was 6,400 units (100% complete for materials, 50% for conversion). the total cost per unit using the weighted average method would be closest to: