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What is the budgeted cost of goods sold for the next month

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Problem - The following details are provided by Wolf, Inc. for the next month (costs are the same for beginning inventory):

Direct materials cost per unit (5 pounds per unit at $15 per pound) $75

Direct labor hours per unit 6 hours

Direct labor cost per hour $20

Manufacturing overhead cost per direct labor hour $15

Beginning Finished Goods Inventory units 2,000

Units expected to be sold 5,600

Sales price per unit $800

Required - Assuming no ending inventory, what is the budgeted cost of goods sold for the next month?

A. $1,596,000

B. $1,482,000

C. $2,166,000

D. $1,092,000

Reference no: EM132825704

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