2) From the following details provided by NetShellac. perpare the cost of goods sold bulget for the year 2016. Direct material per unit $65 Direct labor hours per unit 2 hours Direct Labor rate per hour $50 Manufacturing overhead cost per direct labor how $20 Beginning inventory units 1,000 Selling price per unit $250 Fourth Quarter 24,000 Second Third Quarter Qurter Quarter Badgeted units to be produced 15,000 18,000 21,000 Asume that Nutshell bc has no dosing stock at the end of each month NtShell be Cost of Goods Sold Badget For the Year Ended December 31, 2016 First Quarter Second Quarter Third Quarter Fourth Qurter Beginning Inventory 3) Hy Gushe has the following budgeted sales for the next quarter. Month Lhots 100 TOU Inventory of finished goods on hand at the beginning of the quarter is 4,000 units. The company desires to maintain ending inventory equal to beginning inventory plus 1,000 units every month Gokulate the quantity to be proceed during the quarter. Third Quarter Quarter Quarter Sales units First Second