Question: The information below is repeated from the previous question. Toy Dolls Pty Ltd sells 600cm high plastic dolls. The sales budget for next year is

The information below is repeated from the previous question. Toy Dolls Pty Ltd sells 600cm high plastic dolls. The sales budget for next year is Number to be sold = 30,000 dolls. Selling price = $80 each. The production (manufacturing) unit costs are: Direct materials = $20. Direct manufacturing labour = $8. Manufacturing overhead = $6. For next year, the budgeted inventory levels are: Plastic Doll Inventory (units) Beginning Ending Direct materials 12,000 9,000 Work-in-process inventory O 0 Finished goods inventory 6,000 5,000 What is the amount budgeted for cost of goods sold next year? answer $1,020,000 $2,400,000 $986,000 $1,156,000
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