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Yasmin Company expects to sell 1,900 units in January and 2,000 units in February. The company expects to incur the following product costs: (Click the
Yasmin Company expects to sell 1,900 units in January and 2,000 units in February. The company expects to incur the following product costs: (Click the icon to view the product costs.) The beginning balance in Finished Goods Inventory is 180 units at $222 each for a total of $39,960. Yasmin uses FIFO inventory costing method. Prepare the cost of goods sold budget for Yasmin for January and February. (Abbreviations used: VOH = variable manufacturing Data table Direct materials cost per unit Direct labor cost per unit Manufacturing overhead cost per unit 60 84 78 Yasmin Company Cost of Goods Sold Budget Two Months Ended January 31 and February 28 Units produced and sold in each month Total budgeted cost of goods sold January February Yasmin Company Cost of Goods Sold Budget Two Months Ended January 31 and February 28 Beginning inventory Ending inventory January February
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