What amount will be reported for cost of goods sold

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Reference no: EM13141768

Daniel, Inc., expects to sell 6,000 ceramic vases for $20 each. Direct materials costs are $2, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 20X4:

On the 20X5 budgeted income statement, what amount will be reported for cost of goods sold?

Reference no: EM13141768

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