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Suppose Iron Handles manufactures cast iron skillets. One model is a 1 0 - inch skillet that sells for $ 2 5 . Iron Handles
Suppose Iron Handles manufactures cast iron skillets. One model is a inch skillet that sells for $ Iron Handles projects sales of inch skillets per month. The production costs are $ per skillet for direct materials, $ per skillet for direct labor, and $ per skillet for manufacturing overhead. Iron Handles has inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to of the next month's sales. Selling and administrative expenses for this product line are $ per month. Iron Handles is budgeted to produce skillets in July with a $ production cost per skillet.
Compute the budgeted cost of goods sold for July.
A $
B $
C $
D $
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