The company manufactures boxes. It expects to sell 20,000 boxes in 2012. The company had enough beginning inventory materials to produce 24,000 units. The beginning inventory of finished units totaled 2,000 with a target ending inventory of 2,500 units. The boxes sell for 3 dollars and the company keeps no work-in-process inventory. Direct materials cost for each box total 1 dollar, while direct labor is .50 factory overhead, is .20 per box What will be Berry's Cost of goods sold in 2018?

The company manufactures boxes. It expects to sell 20,000 boxes in 2012. The company had enough beginning inventory materials to produce 24,000 units. The beginning inventory of finished units totaled 2,000 with a target ending inventory of 2,500 units. The boxes sell for 3 dollars and the company keeps no work-in-process inventory. Direct materials cost for each box total 1 dollar, while direct labor is .50 factory overhead, is .20 per box What will be Berry's Cost of goods sold in 2018?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 3CE: Pietro expects to produce 50,000 units and sell 49,300 units. Beginning inventory of finished goods...

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