E$8-23($Algo$)$ Cost of Goods Sold Budget $[$LO $8-3$f$]$

Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, April, and May were $340,320,392,352,$ and $420$ respectively. Each unit requires $3$ direct labor hours and Galactic's hourly labor rate is $$17$ per hour. The company's variable overhead is $$6$ per unit produced and its fixed overhead is $$5,700$ per month. Use the information presented to complete the requirements. The drone toy includes $4$ LED lights, which cost $$15$ each.

Required:

Determine Galactic's budgeted manufacturing cost per drone.

$($Note: Assume that fixed overhead per unit is $$18\mathrm{.}75.)$

Determine Galactic's budgeted cost of goods sold for January and February.

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Required $1$

Determine Galactic's budgeted manufacturing cost per drone. $($Note: assume that fixed overhead per unit is $$1$

Note: Round your answer to $2$ decimal places.

Manufacturing cost per unit