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A company has the following annual budget data: Beginning finished goods inventory 50,000 units Sales 80,000 units Ending finished goods inventory 3,000 units Direct materials
A company has the following annual budget data:
Beginning finished goods inventory 50,000 units
Sales 80,000 units
Ending finished goods inventory 3,000 units
Direct materials $ 20 per unit
Direct labor $ 30 per unit
Variable factory overhead $ 15 per unit
Selling costs $ 12 per unit
Fixed factory overhead $ 90,000
What are total budgeted production costs for the year?
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