E$8-23($Static$)$ Cost of Goods Sold Budget $[$LO $8-3$f$]$

Galactic Incorporated manufactures flying drone toys. Sales units for January, February, March, Apri, and May were $300,280,352.312,$ and $380$ respectively. Each unit requires $3$ direct labor hours and Galactic's hourly labor rate is $$15$ per hour. The company's variable overhead is $$4$ per unit produced and its fixed overhead is $$5,500$ per month. Use the information presented to complete the requirements. The drone toy includes $2$ LED lights, which cost $$15$ each.

Required:

Determine Galactic's budgeted manufacturing cost per drone.

$($Note: Assume that fixed overhead per unit is $$1775.)$

Determine Galactic's budgeted cost of goods sold for January and February.

Complete this question by entering your answers in the tabs below.

Determine Galactic's budgeted manufacturing cost per drone. $($Note: assume that fixed overhead per unit is $$17\mathrm{.}75.)$

Note: Round your answer to $2$ decimal places.

Manutacturing cost per unit