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From the Following Details Provided by Barry,Inc  Units expected to be sold: 15,00018,00021,00024,000\begin{array}{lllll}\text { Units expected to be sold: } & 15,000 & 18,000 & 21,000 & 24,000\end{array}

question 71

Essay

From the following details provided by Barry,Inc.,prepare the cost of goods sold budget for the year.
 Direct materials per unit $65 Direct labor hours per unit 2 hours  Direct labor rate per hour $50 Manufacturing overhead cost per direct labor hour $20 Feginning inventory units 1,000 Sales price per unit $250\begin{array} { l l } \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 { Feginning inventory units } & 1,000 \\\text { Sales price per unit } & \$ 250\end{array}  First  Second  Third  Fourth  Quarter  Ouarter  Quarter  Ouarter \begin{array} { l l l l } \text { First } & \text { Second } & \text { Third } & \text { Fourth } \\\text { Quarter } & \text { Ouarter } & \text { Quarter } & \text { Ouarter }\end{array}  Units expected to be sold: 15,00018,00021,00024,000\begin{array}{lllll}\text { Units expected to be sold: } & 15,000 & 18,000 & 21,000 & 24,000\end{array} Barry,Inc.expects no inventory units at the end of the second,third and fourth quarters.


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