1 E8-23 (Algo) Cost of Goods Sold Budget [LO 8-3f] Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 460, 440, 512, 472, and 540 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $23 per hour. The company's variable overhead is $12 per unit produced and its fixed overhead is $6,300 per month. Use the information presented to complete the requirements. The drone toy includes 2 LED lights, which cost $15 each orhoa 5.8 points Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $21.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. eBook Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Determine Galactic's budgeted manufacturing cost per drone. (Note:assume that fixed overhead per unit is $21.75.) (Round decimal places.) your answer to Manufacturing cost per unit Required 1 Required 2 1 E8-23 (Algo) Cost of Goods Sold Budget [LO 8-3f] Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 460, 440, 512, 472, and 540 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $23 per hour. The company's variable overhead is $12 per unit produced and its fixed overhead is $6,300 per month. Use the information presented to complete the requirements. The drone toy includes 2 LED lights, which cost $15 each 5.8 points Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: assume that fixed overhead per unit is $21.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February. eBook Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Determine Galactic's budgeted cost of goods sold for January and February. Jan Feb Budgeted Cost of Goods Sold Required 2 Required