Fit-to-Go Ltd. expects to sell 30,000 of its step exercisers for $180 each in 2022....
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Fit-to-Go Ltd. expects to sell 30,000 of its step exercisers for $180 each in 2022. Per unit costs are: Direct materials - $20, Direct labour - $8, Manufacturing overhead - $6 and Selling costs - $4. Fit-to-Go began the year with 6,000 units in its Finished Goods Inventory and expects to end the year with 5,000 units in inventory. What is the total budgeted for cost of goods sold for 2022?
a) $986,000 b) $1,020,000 c) $1,140,000 d) $1,156,000
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