Fultz Company has accumulated the following budget data for the year 2017 1. Sales: 31,170 units, unit selling price $88. 2. Cost of one unit of finished goods: direct materials 1 pound at $6 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $6 per direct labor hour 3. Inventories (raw materials only): beginning, 10,130 pounds; ending, 15,250 pounds. 4. Selling and administrative expenses: $170,000; interest expense: $30,000, 5. Income taxes: 30% of income before income taxes. of cost of goods sold for 2017 ation of Cost of Goods Sold Direct materials Direct labor Total Cost of Goods Sold OType here to sear Hi e HEWLETT- PACKARD