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Hi, I need Accounting help please Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $12
Hi, I need Accounting help please
Preparing a Cost of Goods Sold Budget Andrews Company manufactures a line of office chairs. Each chair takes $12 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour and the fixed overhead rate is $1 per direct labor hour. Andrews Company expects to produce 20,000 chairs next year and expects to have 770 chairs in ending inventory There is no beginning inventory of chairs. Required: Prepare a cost of goods sold budget for Andrews Company. Round your answers to the nearest dollar
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