Bunni, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant. Direct materials Direct labor Manufacturing overhead $4,400 $8,000 $10,300 Selling and administrative expense $8,600 What is the budgeted cost of goods sold for March? A. $31,300 B. $21,000 C. $22,700 D. $12,400

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 2E: The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 20,000 units....
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What is the budgeted cost of goods sold for March?

Bunni, Inc. has prepared the following budgets for March. In March, budgeted production equals
budgeted sales, and raw materials inventory will stay constant.
Direct materials
Direct labor
Manufacturing overhead
$4,400
$8,000
$10,300
Selling and administrative expense $8,600
What is the budgeted cost of goods sold for March?
A. $31,300
B. $21,000
C. $22,700
D. $12,400
Transcribed Image Text:Bunni, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant. Direct materials Direct labor Manufacturing overhead $4,400 $8,000 $10,300 Selling and administrative expense $8,600 What is the budgeted cost of goods sold for March? A. $31,300 B. $21,000 C. $22,700 D. $12,400
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