1.

Harney, Incorporated, has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and direct materials inventory will stay constant. Monthly costs are budgeted as follows:

Direct materials	$ 4,400
Direct labor	8,000
Manufacturing overhead	10,300
Selling and administrative expense	8,600

What is the budgeted cost of goods sold for March?

2.

Crystal, Incorporated, has prepared the following budgets for March. In March, budgeted production is 1,000 units, budgeted sales is 1,200 units, and direct materials inventory unit costs will stay constant. Monthly costs are budgeted as follows:

Direct materials	$ 6.00	per unit
Direct labor	10.80	per unit
Variable manufacturing overhead	7.50	per unit
Fixed manufacturing overhead	7,500

What is the budgeted cost of goods sold for March?