Penny's direct material cost is $3 per unit. The direct labor rate is $11 per hour and each units takes 3/4 hour to produce. Variable manufacturing over unit and total budgeted fixed overhead is $5300. A sales commission of $6 is paid on each unit. If Penny expects to produce 2500 units and sell 1190 units, what is the total budgeted cost of goods sold ? Round your answer to the nearest dollar. m

Penny's direct material cost is $3 per unit. The direct labor rate is $11 per hour and each units takes 3/4 hour to produce. Variable manufacturing over unit and total budgeted fixed overhead is $5300. A sales commission of $6 is paid on each unit. If Penny expects to produce 2500 units and sell 1190 units, what is the total budgeted cost of goods sold ? Round your answer to the nearest dollar. m

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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