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Business, 01.05.2021 17:40 rbrummitt1522

Andrews Company manufactures a line of office chairs. Each chair takes $18 of direct materials and uses 1.9 direct labor hours at $18 per direct labor hour. The variable overhead rate is $1.00 per direct labor hour, and the fixed overhead rate is $1.50 per direct labor hour. Andrews expects to have 640 chairs in ending inventory. There is no beginning inventory of office chairs. Prepare a cost of goods sold budget for Andrews Company.

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Andrews Company manufactures a line of office chairs. Each chair takes $18 of direct materials and u...
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