Cost of Goods Sold

Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that $50,200$ units will be produced, with the following total costs:

Direct materials

Direct labor $?$

Variable overhead

$50,000$

Fixed overhead

$25,000$

$210,000$

Next year, Pietro expects to purchase $$127,000$ of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows:

$\backslash$table$[[,\backslash$table$[[$Direct materials$],[$Inventory$]],\backslash$table$[[$Work$-$in$-$Process$],[$Inventory$]]],[$Beginning$,$$$6,000,$$$10,700$