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Bethany Blanket Company makes high quality bedding. They are looking to budget for next year and are creating a Finished Goods Inventory Budget. From other

Bethany Blanket Company makes high quality bedding. They are looking to budget for next year and are creating a Finished Goods Inventory Budget. From other budgets created, Bethany Blanket Company has acquired the following: Direct Materials used per blanket are 4.5 pounds of cotton at a cost of $0.80 per pound, Manufacturing Overhead used per blanket is 0.3 hours at a budgeted cost of $17 per hour, Direct Labor per blanket is 0.4 hours at a cost of $19 per hour, estimated units sold next year are 40,000. What is Bethany Blanket's Cost of Goods Sold estimate for next year? a.) 726,000 b.) 468,000 c.) 652,000 d.) 500,000

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