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Harney, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant. Direct materials

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Harney, Inc. has prepared the following budgets for March. In March, budgeted production equals budgeted sales, and raw materials inventory will stay constant. Direct materials $5,200 Direct labor $9,360 Manufacturing overhead $13,000 Selling and administrative expense $10,400 What is budgeted cost of goods sold for March? $24,960 $37,960 $27,560 $14,560

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