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A company has the following annual budget data: Beginning finished goods inventory 43,000 units Sales 73,000 units Ending finished goods inventory 33,000 units Direct materials
A company has the following annual budget data:
Beginning finished goods inventory | 43,000 | units | |
Sales | 73,000 | units | |
Ending finished goods inventory | 33,000 | units | |
Direct materials | $ | 13 | per unit |
Direct labor | $ | 23 | per unit |
Variable factory overhead | $ | 8 | per unit |
Selling costs | $ | 5 | per unit |
Fixed factory overhead | $ | 83,000 |
What are total budgeted production costs for the year?
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