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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

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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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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