From the Following Details Provided by Segura,Inc Segura, Inc

question 129

Essay

From the following details provided by Segura,Inc.,prepare the cost of goods sold budget for the year.
$\begin{array}{ll}\text { Direct materials per unit } & \$ 65 \\\text { Direct labor hours per unit } & 2 \text { hours } \\\text { Direct labor rate per hour } & \$ 50 \\\text { Manufacturing overhead cost per direct labor hour } & \$ 20 \\\text { Beginning inventory units } & 1,000 \\\text { Sales price per unit } & \$ 250\end{array}$
$$\begin{array} { r r r r } &\begin{array} { r } \text { First } \\\text { Quarter }\end{array} & \begin{array} { r } \text { Second } \\\text { Quarter }\end{array} & \begin{array} { r } \text { Third } \\\text { Quarter }\end{array} & \begin{array} { r } \text { Fourth } \\\text { Quarter }\end{array} \\\hline\text { Units expected to be sold: }& 15,000 & 18,000 & 21,000 & 24,000\end{array}$$
Segura, Inc. expects no inventory units at the end of the second, third and fourth quarters.

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Definitions:

Simplified Software

Software designed with an emphasis on ease of use and minimal complexity.

Net Profits

The amount of income that remains after all operating expenses, taxes, and costs are subtracted from total revenue.

Typical Day

A representation of an average or standard day in a specific context, such as a work environment or routine lifestyle.

Best Case Scenario

The most favorable or desirable outcome possible in a situation, often used in planning or forecasting.