From the Following Details Provided by NutShell Inc Assume That Nutshell Inc

question 21

Essay

From the following details provided by NutShell Inc., prepare the cost of goods sold budget for the year 2015.
$$\begin{array} { l l } \text { Direct material per unit } & \$ 65 \\\text { Direct labor hours per unit } & 2 \text { hours } \\\text { Direct labor rate per hour } & \$ 50 \\\text { Manufacturing overhead cost per direct labor hour } & \$ 20 \\\text { Egginning inventory units } & 1,000 \\\text { Selling price per unit } & \$ 250\end{array}$$ $$\begin{array} { l r r r r } & \text { First } & \text { Second } & \text { Third } & \text { Fourth } \\& \text { Quarter } & \text { Quarter } & \text { Quarter } & \text { Quarter } \\\text { Budgeted units to be produced } & 15,000 & 18,000 & 21,000 & 24,000\end{array}$$ Assume that Nutshell Inc. has no closing stock at the end of each month.

Understand the roles and compositions of IT steering committees.

Recognize different software development methodologies and their applicability.

Grasp the concept and scope of IT architecture.

Understand the principles and application of DevOps in IT development.

---

Definitions:

Labor Demand

The quantity of workers that employers are willing and able to hire at a given wage rate, in a given time period.

Derived Demand

The demand for a factor of production or intermediate good that results from the demand for another good or service.

LCD Screens

Liquid Crystal Display screens, a technology used in monitors, televisions, and mobile devices for displaying images, utilizing liquid crystals to control light passage.

LED Screens

Display technology using light-emitting diodes as pixels for video display, known for their brightness, energy efficiency, and thin profiles.