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A company has the following annual budget data: Beginning finished goods inventory of 40000 units Sales 70000 units Ending Finished Goods Inventory 30000 units Direct
A company has the following annual budget data:
Beginning finished goods inventory of 40000 units
Sales 70000 units
Ending Finished Goods Inventory 30000 units
Direct Materials $10 per unit
Direct Labor is $20 per unit
Variable factory overhead $5 per unit
Selling costs $2 per unit
Fixed factory overhead 80000
What are the total budgeted production costs for the year?
Beginning finished goods inventory of 40000 units
Sales 70000 units
Ending Finished Goods Inventory 30000 units
Direct Materials $10 per unit
Direct Labor is $20 per unit
Variable factory overhead $5 per unit
Selling costs $2 per unit
Fixed factory overhead 80000
What are the total budgeted production costs for the year?
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First lets calculate the direct materials cost Direct materials cost per unit 10 Total direct materi...
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
