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Show Attempt History Current Attempt in Progress Fultz Company has accumulated the following budget data for the year 2020 1 2 3 Sales: 30,000 units,

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Show Attempt History Current Attempt in Progress Fultz Company has accumulated the following budget data for the year 2020 1 2 3 Sales: 30,000 units, unit selling price $85. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $15 per hour, and manufacturing overhead $5 per direct labor hour Inventories fraw materials only): beginning 10.000 pounds; ending. 15,000 pounds. Selling and administrative expenses: $170,000; interest expense: $30,000. Income taxes: 30% of income before income taxes. 5. 5. (a) Your answer is correct Goog Kalle E Orion Orien e Trans Tutte Con y.com/wa/V2/assessment-player/index.html?launchid3b2b26d2-cbe7-4c3b-Ofd-07 Question 7 of 8 Prepare a schedule showing the computation of cost of goods sold for 2020 a FULTZ COMPANY Computation of Cost of Goods Sold For the Year Endine December 31, 2020 Cost of one unit of finished goods: Direct materials 5 Direct labor 45 Manufacturing overhead 15 Total 85 Cost of Goods Sold 1950000 e Textbook and Media (b) MacBook Pro C Search or type URL w R Question 7 of 8 > Prepare a budgeted multiple-step income statement for 2020 FULTZ COMPANY Budgeted Income Statement e Textbook and Media MacBook Pro e G Search or type URL M R U S D G H

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