Question 4 of 5 -17 E Current Attempt in Progress 1 2 Pharoah Company has accumulated the following budget data for the year 2022. Sales: 33,600 units unit selling price $85. Cost of one unit of finished goods: direct materials 1 pound at $7 per pound, direct labor 3 hours at $15 per hour, and manufacturing overhead $5 per direct labor hour. Inventories (raw materials only): beginning, 11.200 pounds, ending, 16,800 pounds, Selling and administrative expenses: $190,400, interest expense: $33,600. Income taxes: 20% of income before income taxes. 3. 4. 5. (a) Prepare a schedule showing the computation of cost of goods sold for 2022 PHAROAH COMPANY Computation of Cost of Goods Sold $ Cost of one unit of finished goods: Direct materials Direct labor Manufacturing overhead Total $ Cost of Goods Sold $