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Yogi Company expects to sell 2,000 units in January and 1,700 units in February. The company expects to incur the following product costs: E (Click
Yogi Company expects to sell 2,000 units in January and 1,700 units in February. The company expects to incur the following product costs: E (Click the ioon to view the product costs.) The beginning balance in Finished Goods Inventory is 250 units at $214 each fora total of $53,500. Yogi uses FIFO inventory costing method. Prepare the cost of goods sold budget for Yogi for January and February. (Abbreviations used: VOH = variable manufacturing overhead; FOH = xed manufacturing overhead.) Data table Direct materials cost per unit Direct labor cost per unit Units produced and sold in each month Manufacturing overhead cost per unit Total budgeted cost of goods sold
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