Preparing a Cost of Goods Sold Budget

rate is $$1\mathrm{.}60$ per direct labor hour. Andrews expects to produce $20,000$ chairs next year and expects to have $675$ chairs in ending inventory. There is no beginning inventory of office chairs.

Required:

Prepare a cost of goods sold budget for Andrews Company.

Andrews Company

Cost of Goods Sold Budget

For the Coming Year

$

$

$