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Fultz Company has accumulatad the following budgat data for thaysar 2020. 1 Salas: 31,330 units, unit sallina price $8B 2 Coat of one unit of
Fultz Company has accumulatad the following budgat data for thaysar 2020. 1 Salas: 31,330 units, unit sallina price $8B 2 Coat of one unit of finished goods: diract matarials 1 pound at $5 par pound, diract labor 3 haurs at $12 par haur, and manufacturing overhead $7 per diract labor hour. 3. Inventaries (rav materials only'z bezinning, 10,220 pounds; ending, 15,410 pounds. 4. Selling and administrative evenenses: $170,000; interest expense: $30,000. 5. Income taves: 30% of income before incame taxes. (a) Prepare a schadula showinz the computation of cast of goods sold for 2020
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