Variable Cost of Goods Sold Budget
			For the Year Ended December 31, 2024
				1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	Year
Raw materials used in production	$148,122.00	$146,849.76	$158,597.74	$171,285.56	$624,855.06
(from absorption costing COGS budget)
Direct labor				$36,865.92	$36,549.27	$39,473.22	$42,631.07	$155,519.48
Variable manufacturing Overhead	$ 27,912.77	$ 27,673.02	$ 29,886.86	$ 32,277.81	$ 117,750.46
Total variable manufacturing costs incurred	$212,900.69	$211,072.06	$227,957.82	$246,194.44	$898,125.01
Add: Beginning work in process inventory	0	0	0	0	0
Less: Ending work-in-process inventory	0	0	0	0	0
Variable cost of goods man. during period	$212,900.69	$211,072.06	$227,957.82	$246,194.44	$898,125.01
Add: Beginning var. finished goods inventory	0	$18,860.69	$20,369.54	$21,999.11	0
Variable fin. goods. available for sale	$212,900.69	$229,932.74	$248,327.36	$268,193.55	$898,125.01
Less: Ending variable fin. gds. invty.	$18,860.69	$20,369.54	$21,999.11	$23,759.04	$23,759.04
Variable cost of goods sold during period	$194,040.00	$209,563.20	$226,328.26	$244,434.52	$874,365.97

On variable cost of goods sold budget

Where from/how calculated is the beginning finished goods inventory for the year?

On variable cost of goods sold budget

Where from/how calculated is the variable cost of goods sold for the year?

Show the calculation please