Oriole Company has accumulated the following budget data for the year $2022$:

$1.$ Sales: $29,500$ units; unit selling price $$79$

$2.$ Cost of one unit of finished goods: direct materials, $2$ kg at $$5$ per kilogram; direct labour, $3$ hours at $$11$ per hour; and manufacturing overhead. $$6$ per direct labour hour

$3.$ Inventories $($raw materials only$)$: beginning, $9,300$ kg; ending, $14,600$ kg

$4.$ Raw materials cost: $$5$ per kilogram

$5.$

Selling and administrative expenses: $$218,000$

$6.$ Income taxes: $30\%$ of income before income taxes

$($a$)$

Prepare a schedule showing the calculation of the cost of goods sold for $2022.$

ORIOLE COMPANY

Computation of Cost of Goods Sold For the Year Ending December $31,2022$

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