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Sunland Company has accumulated the following budget data for the year 2022 1. Soler 31,480 units, unit setting price 589. 2. Cost of one unit
Sunland Company has accumulated the following budget data for the year 2022 1. Soler 31,480 units, unit setting price 589. 2. Cost of one unit of finshed soods: direct materials 1 pound at $5 per pouind, direct isbor 3 hours at $12 per hour, and manufacturing overhesd $6 per direct labor hour. 3. Inventories (raw materials only): beginning. 10.270 pounds; endine. 15,380 pounds. 4. Selling and administrative expenses: $170,000, interest expense $0,000. 5. Income taxes: 20% of income before income taxes. Prepare a schedule showing the computation of cost of goods sold for 2022 . Question 11 of 14 Prepare a budgeted multiple-step income statement for 2022
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