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What is the company budgeted cost of goods sold

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Reference no: EM132170273

Question - Cedar Company has compiled the following data for the upcoming year:

  • Sales are expected to be 15,000 units at $41.00 each
  • Each unit requires 2 Ibs of direct materials at $2.00 per pound
  • Each unit requires 1.5 hours of direct labor at $15.00 per hour
  • Manufacturing overhead is $3.00 per unit

What is the company's budgeted cost of goods sold?

$442,500

$397,500

$382,500

$172,500

None of the above

Reference no: EM132170273

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