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Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: For the coming year, Play-Disc expects to make 300,000 plastic
Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: For the coming year, Play-Disc expects to make 300,000 plastic discs, and to sell 289,000 of them. Budgeted beginning inventory in units is 19,000 with unit cost of $4,90. (There are no beginning or ending inventories of work in process.) Required: 1. Calculate the total budgeted cost of units produced for Play-Dise for the coming year. Show the cost of direct materials, direct labor, and 3 more Check wy Work uses remaining 2. Prepare a cost of goods sold budget for Play-Disc for the year. 3. What if the beginning inventory of finished goods was $92,200 (for 19,000 units)? How would that affect the cost of goods sold budget? (Assume Play-Disc uses the Fifo method.) The cost of goods sold would
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