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    Cost of Goods Sold Budget

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    KHAkadsbdhsg
    Claude Company has budgeted ₱49,720,000 for manufacturing costs to produce 20,000 units. The budget allocates ₱14 million for direct materials, ₱30.4 million for direct labor, ₱2.28 million for variable overhead, and ₱3.04 million for fixed overhead. After accounting for an ending inventory of ₱1,678,050, the budgeted cost of goods sold is ₱48,041,950.

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    Cost of Goods Sold Budget

    Uploaded by

    KHAkadsbdhsg
    38 views1 page
    Claude Company has budgeted ₱49,720,000 for manufacturing costs to produce 20,000 units. The budget allocates ₱14 million for direct materials, ₱30.4 million for direct labor, ₱2.28 million for variable overhead, and ₱3.04 million for fixed overhead. After accounting for an ending inventory of ₱1,678,050, the budgeted cost of goods sold is ₱48,041,950.

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    Cost of Goods Sold Budget.xlsx

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    Claude Company has budgeted ₱49,720,000 for manufacturing costs to produce 20,000 units. The budget allocates ₱14 million for direct materials, ₱30.4 million for direct labor, ₱2.28 million for variable overhead, and ₱3.04 million for fixed overhead. After accounting for an ending inventory of ₱1,678,050, the budgeted cost of goods sold is ₱48,041,950.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    38 views1 page

    Cost of Goods Sold Budget

    Uploaded by

    KHAkadsbdhsg
    Claude Company has budgeted ₱49,720,000 for manufacturing costs to produce 20,000 units. The budget allocates ₱14 million for direct materials, ₱30.4 million for direct labor, ₱2.28 million for variable overhead, and ₱3.04 million for fixed overhead. After accounting for an ending inventory of ₱1,678,050, the budgeted cost of goods sold is ₱48,041,950.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 1

    Claude Company

    Cost of Goods Sold Budget


    PER UNIT TOTAL UNIT COST
    Direct Materials ₱ 700 ₱ 14,000,000
    Direct Labor ₱ 1,520 ₱ 30,400,000
    Variable Overhead ₱ 114 ₱ 2,280,000
    Fixed Overhead ₱ 152 ₱ 3,040,000
    Budgeted Manufacturing Costs ₱ 2,486 ₱ 49,720,000

    Beginning Inventory ₱ -
    Goods Available for Sale ₱ 49,720,000
    Ending Inventory ₱ (1,678,050)
    Budgeted Cost of Goods Sold ₱ 48,041,950

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