Barry, Inc. Prepare a cost of goods sold budget for the year from the below details provided by (complete the table below).

Direct materials $65 per unit

2 hours of direct labor per unit

$50 direct labor per hour

General manufacturing cost per direct labor hour $20

Initial inventory units 1,000

Unit selling price $250

first second third fourth

Quarter Quarter Quarter Quarter

Quantities expected to be sold: 15,000 18,000 21,000 24,000

Barry, Inc. No stock units are expected at the end of the second, third and fourth quarters.

Reply:

Barry, Inc.

Cost of Goods Sold Budget

For the Year Ended 31 December 20XX

first second third fourth

Quarter Quarter Quarter Quarter

Initial inventory (1,000 units)* $x

Units manufactured and sold in 20XX

@ 205 $ her biri $x $x $x $x

(15.000**, 18.000, 21.000, 24.000

quarter per unit) ________ _________ _________ _________

Total budgeted cost of goods

satılan $x $x $x $x

*Calculation of inventory initial cost: