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Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, April, and May were 540, 520, 592, 552 , and 620 respectively. Each
Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, April, and May were 540, 520, 592, 552 , and 620 respectively. Each unit requires 3 direct labor hours and Galactic's hourly labor rate is $27 per hour. The company's variable overhead is $16 per unit produced and its fixed overhead is $6,700 per month. Use the information presented to complete the requirements. The drone toy includes 2 LED lights, which cost $15 each. Required: 1. Determine Galactic's budgeted manufacturing cost per drone. (Note: Assume that fixed overhead per unit is \$23.75.) 2. Determine Galactic's budgeted cost of goods sold for January and February
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