Transcribed Image Text: Bowshar lls Company sells shoes and expects to produce and sell 50,000 units during the year 2022 with no beginning or ending inventories as it plans to

Transcribed Image Text: Bowshar lls Company sells shoes and expects to produce and sell 50,000 units during the year 2022 with no
beginning or ending inventories as it plans to produce what it can sell during the same year. The total budgeted fixed
manufacturing overhead cost for the year is $50,000. The company accounts show that the budgeted direct material
cost is $4 per unit, budgeted direct labor cost is $6 per direct labor hour, and budgeted variable manufacturing
overhead is $2 per direct labor hour. Each unit produced takes 2 hours of skilled labor time. The cost of goods sold
:reported in the budgeted income statement for 2022 is
None of the given answers
a O
$1.050,000 b O
$650,000 .c O
$450,000 .dO
$850,000 .e O

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