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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
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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