Yosko Company expects to sell 1,850 units in January and 1,700 units in February. The company...
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Yosko Company expects to sell 1,850 units in January and 1,700 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 220 units at $82 each for a total of $18,040. Yosko uses FIFO inventory costing method. Prepare the cost of goods sold budget for Yosko for January and February. (Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) Yosko 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 Data table February Direct materials cost per unit Direct labor cost per unit Manufacturing overhead cost per unit 30 26 26 Print Done - X Yosko Company expects to sell 1,850 units in January and 1,700 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 220 units at $82 each for a total of $18,040. Yosko uses FIFO inventory costing method. Prepare the cost of goods sold budget for Yosko for January and February. (Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.) Yosko 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 Data table February Direct materials cost per unit Direct labor cost per unit Manufacturing overhead cost per unit 30 26 26 Print Done - X
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