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What the estimated cost of goods sold for may is closest to

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Reference no: EM132770248

Gusler Corporation makes one product and has provided the following information:

Budgeted sales, May 9,500units

Raw materials requirement per unit of output 2pounds

Raw materials cost$2.00per pound

Direct labor requirement per unit of output 2.7 direct labor-hours

Direct labor wage rate$20.00per direct labor-hour

Predetermined overhead rate (all variable)$10.00 per direct labor-hour

Problem 1: The estimated cost of goods sold for May is closest to:

Reference no: EM132770248

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