Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,190 units, unit selling price $90. 2. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $6 per direct labor hour. Inventories (raw materials only) 10,180 pounds; ending, 15,410 pounds Selling and administrative expenses: $170,000; interest expense: $30,000 Income taxes: 30% of income before income taxes Prepare a schedule showing the computation of cost of goods sold for 2017 FULTz COMPANY Computation of Cost of Goods Sold Cost of one unit of finished goods: Direct materials Direct labor Manufacturing overhead Cost of Goods Sold