Required:

Prepare a schedule showing the calculation of cost of goods sold for 2022.

Splish Company has accumulated the following budget data for the year 2022: 2. 3. 4. 5. 6. Sales: 27,900 units; unit selling price $82 Cost of one unit of finished goods: direct materials, 2 kg at $5 per kilogram; direct labour, 3 hours at $13 per hour; and manufacturing overhead, $6 per direct labour hour Inventories (raw materials only): beginning, 9,900 kg: ending. 14,100 kg Raw materials cost: $5 per kilogram Selling and administrative expenses: $201.000 Income taxes: 30% of income before income taxes