Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 53,100 units will be produced with the following total costs: Direct materials Direct labor Variable overhead Fixed overhead Beginning Ending Next year, Bob's Bistro expects to purchase $118,500 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Direct materials Required: Inventory $6,000 $5,900 ? $72,000 20,000 180,000 Bob's Bistro expects to produce 53,100 units and sell 52,400 units. Beginning inventory of finished goods is $45,500, and ending inventory of finished goods is expected to be $37,000. Cost of goods manufactured Add: Beginning finished goods Cost of goods available for sale Less: Ending finished goods Cost of goods sold Work-in-Process Inventory $13,400 $15,400 1. Prepare a statement of cost of goods sold in good form. Bob's Bistro Statement of Cost of Goods Sold For the Coming Year 45,500 37,000

Next year, Bob's Bistro expects to purchase $118,500 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Bob's Bistro expects to produce 53,100 units and sell 52,400 units. Beginning inventory of finished geods is $45,500, and ending inventory of finished goods is expected to be $37,000. Required: 1. Prepare a statement of cost of goods sold in good form