From the following details provided by Nutshell Inc., prepare the cost of goods sold budget for the
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Question:
From the following details provided by Nutshell Inc., prepare the cost of goods sold budget for the year 2015.
Direct material per unit????????????$65
Direct labor hours per unit??????????...2 hours
Direct labor rate per hour???????????.$50
Manufacturing overhead cost per direct labor hour?.$20
Beginning inventory units???????????1,000
Selling price per unit?????????????.$250
Assume that Nutshell Inc. has no closing stock at the end of each month.
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