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Business, 15.04.2020 02:00 highschoolboy

Ceder Company has compiled the following data for the upcoming year: Sales are expected to be 16,500 units at $50.00 each. Each unit requires 4 pounds of direct materials at $3.00 per pound. Each unit requires 1.8 hours of direct labor at $13.00 per hour. Manufacturing overhead is $4.00 per unit. Beginning direct materials inventory is $4,500.00. Ending direct materials inventory is $5,600.00. Selling and administrative costs totaled $137,370. Required: 1. Determine Ceder's budgeted cost of goods sold. 2. Complete Ceder's budgeted income statement.

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Ceder Company has compiled the following data for the upcoming year: Sales are expected to be 16,500...
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