Acme Innovations' controller, Wylie Coyote, CMA, has determined that the budgeted cost of producing anvils is $30
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Question:
Acme Innovations' controller, Wylie Coyote, CMA, has determined that the budgeted cost of producing anvils is $30 per unit. On April 1, Acme had 80,000 anvils in inventory. The sales department budgeted sales of 300,000 anvils for April.. Acme desires to have 120,000 anvils on hand on April 30.
The budgeted cost of goods sold for April would be
$11,400,000.
$10,200,000.
$7,800,000.
$9,000,000
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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