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Konrade Inc. expects to sell 30,000 athletic uniforms for $80 each in 2019. Direct materials costs are $20, direct manufacturing labour is $8, and manufacturing

Konrade Inc. expects to sell 30,000 athletic uniforms for $80 each in 2019. Direct materials costs are $20, direct manufacturing labour is $8, and manufacturing overhead is $6 for each uniform. Each uniform requires 2.0 square metres (sq. m.) of material which is all added at the start of production. The following inventory levels are expected to apply to 2019:

Beginning inventory

Ending inventory

Direct materials

12,000 units

9,000 units

Work-in-process inventory

0 units

0 units

Finished goods inventory

6,000 units

5,000 units

What is the amount budgeted for cost of goods manufactured in 2019?

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