Penny's direct material cost is $3 per unit. The direct labor rate is $17 per hour and each units takes 1/4 hour to produce. Variable manufacturing overhead is $1 per unit and total budgeted fixed overhead is $6,300. A sales commission of $2 is paid on each unit. If Penny expects to produce 2,000 units and sell 1,200 units, what is the total budgeted cost of goods sold ? Round your answer to the nearest dollar.

Penny's direct material cost is $3 per unit. The direct labor rate is $17 per hour and each units takes 1/4 hour to produce. Variable manufacturing overhead is $1 per unit and total budgeted fixed overhead is $6,300. A sales commission of $2 is paid on each unit. If Penny expects to produce 2,000 units and sell 1,200 units, what is the total budgeted cost of goods sold ? Round your answer to the nearest dollar.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6PA: Gent Designs requires three units of part A for every unit of Al that it produces. Currently, part A...

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