Cost of Goods sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro...
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Cost of Goods sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 54, 600 units will be produced, with the following total costs: Next year, Pietro expects to purchase $119,000 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Pietro expects to produce 54, 600 units and sell 53, 900 units. Beginning inventory of finished goods is $44, 500, and ending inventory of finished goods is expected to be $36,000
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