Question 31 of 34 > - 15 E View Policies Current Attempt in Progress Haven Company has accumulated the following budget data for the year 2020: 1. Sales: 31,600 units; unit selling price $82 2. Cost of one unit of finished goods: direct materials, 2 kg at $5 per kilogram; direct labour, 3 hours at $12 per hour; and manufacturing overhead, $6 per direct labour hour 3. Inventories (raw materials only): beginning, 9,400 kg; ending, 15,000 kg 4. Raw materials cost: $5 per kilogram 5. Selling and administrative expenses: $192,000 6. Income taxes: 30% of income before income taxes(a) Prepare a schedule showing the calculation of the cost of goods sold for 2020. HAVEN COMPANY Computation of Cost of Goods Sold For the Year Ending December 31, 2020 $ $ V Save for Later Attempts: 0 of 1 used Submit