Question: Budgeted inventories for the Remle Company follow: January 1 $24,800 December 31 $26,700 Direct materials Work in process Finished goods 57,600 55,200 87,400 81,300

Budgeted inventories for the Remle Company follow: December 31 $26,700 55,200 87,400 January 1 $24,800 57,600 81,300 Direct m

Budgeted inventories for the Remle Company follow: January 1 $24,800 December 31 $26,700 Direct materials Work in process Finished goods 57,600 55,200 87,400 81,300 Additional budget information follows: $354,500 Total manufacturing costs Cost of goods manufactured 356,900 Calculate the budgeted cost of goods sold. a. $350,800 b. $359,300 c. $350,400 AS361.000

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