Thunder Creek Company uses the first-in, first-out IFIFGI] inventory costing method. The Beginning Finished Goods Inventory is $86,400 consisting of 3,600 units. Begin by calculating the projected cost to produce each unit in 2018 based on projected sales. (Hint: In "Cost pe Use '=ROUND' function to round the fixed manufacturing overhead cost per unit to two decimal places. Prepare a Cost of Goods Sold Budget. (Hint: Units per month calculated using cell references to both sales budg ost per unit Direct material cost per unit 33 8.00 Direct labor cost per unit 10.00 Manufacturing overhead cost per unit Total projected manufacturing cost per unit 24.04 Budget #6: Cost of Goods Sold Budget Jan Feb Beginning Finished Goods Inventory, 3,600 units. Units produced and sold in 2018 Costnerumt U..........o..h Total cost of units produced and sold in 2018 Total budgeted cost of goods sold $ 432,522 -'- 576,820