Question 10 of 12 - / 12 View Policies Current Attempt in Progress Bonita Company has accumulated the following budget data for the year 2022. 1. 2 Sales: 31,490 units, unit selling price $87. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $13 per hour, and manufacturing overhead $8 per direct labor hour. Inventories (raw materials only): beginning, 10,480 pounds; ending, 15,420 pounds. Selling and administrative expenses: $170,000; interest expense: $30,000. 3. 4. 5. Income taxes: 20% of income before income taxes. (a) Prepare a schedule showing the computation of cost of goods sold for 2022. BONITA COMPANY Computation of Cost of Goods Sold Cost of one unit of finished goods: Direct materials $ Direct labor Manufacturing overhead Total $ $ Cost of Goods Sold e Textbook and Media