Reference no: EM133078311
Question - Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were $39,000, $33,000, and $25,000, respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $43,000, $33,000, and $21,000, respectively. Direct materials purchases were $555,000, direct labor was $211,000 for the year, and factory overhead was $160,000. Prepare a cost of goods sold budget for Sleep Tight, Inc.
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Prepare a cost of goods sold budget for Sleep Tight Inc
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