Refer to Cornerstone Exercise 8-6. Required: 1. Calculate the total budgeted cost of units produced for Play-Disc

Question:

Refer to Cornerstone Exercise 8-6.

Required:

1. Calculate the total budgeted cost of units produced for Play-Disc for the coming year. Show the cost of direct materials, direct labor, and overhead.

2. Prepare a cost of goods sold budget for Play- Disc for the year.

3. What if the beginning inventory of finished goods was $4,750? How would that affect the cost of goods sold budget?

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Muhammad Salman Alvi

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