RESOURCES MESSAGE MY INSTRUCTOR Exercise 9-13 (Part Level Submission) Fultz Company has accumulated the following budget data for the year 2017. 1. Sales: 31,480 units, unit selling price $89 2. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct 4. Selling and administrative expenses: $170,000; interest expense: $30,000. -3 -7 -9 9-13 (Pa d goods: dret materials 1 pound at $5 per pound, direct labor 3 hours at $12 per hour, and man Inventories (raw materials only): beginning, 10,270 pounds; endino. 15,380 pounds. 5. Income taxes: 30% of income before income taxes. 9-14 rcise 9-3 9-1A (Part (a) Prepare a schedule showing the computation of cost of goods sold for 2017. 9-2A (Part FULTZ COMPANY Computation of Cost of Goods Sold sults by ective Cost of one unit of finished goods: Direct materials Direct labor Manufacturing overhead Total >| Cost of Goods Sold All Rights Reserved. A Division of 2ohn Wley &Sens inc Ask me anything