General information: Selling price of bamboo rocking horses $33.50 Linear feet of bamboo required per rocking horse 3 Cost of bamboo per foot $2.00 Hours required to build 0.50 Average hourly direct labor rate $15.00 Additional information: Ending finished goods inventory (percentage of the next quarter's sales) Ending raw materials inventory (percentage of the next quarter's production) Variable manufacturing overhead rate per direct labor hour $8.00 Estimated qu What is budgeted cost per unit cost of goods sold income statement retained earning statement balance sheet