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Question 18 8.33 pts The Himalayan Pepper Corp makes one product and has provided the following information: a. The budgeted selling price per unit is

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Question 18 8.33 pts The Himalayan Pepper Corp makes one product and has provided the following information: a. The budgeted selling price per unit is $90. Budgeted unit sales for August is 1,000 units. b. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $2.50 per pound. c. The direct labor wage rate is $20.00 per hour. Each unit of finished goods requires 2 direct labor-hours. d. Manufacturing overhead is entirely variable and is $20.00 per direct labor-hour. The estimated cost of goods sold for August is closest to: (Round your intermediate calculations to 2 decimal places.) $70,000 O $90,000 $50,000 O $60,000

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