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Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,230 units, unit selling price 88 2. per pound, direct labor

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Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,230 units, unit selling price 88 2. per pound, direct labor 3 hours at $12 per hour, and manufacturing . Inventories (raw materials only): beginning, 10,400 pounds; ending, 4 Selling and administrative expenses: 170,000 interest expense: $ , Income taxes : 30% of income before income taxes. Cost of one unit of finished goods: direct materials 1 pound at $ 5 overhead 8 per direct labor hour. 15,210 pounds. 30,000

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