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Preparing a cost of Goods Sold Budget! Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour and the fixed overhead rate is $1.60 per direct labor hour. Andrews expects to produce 20,000 chairs next year and expects to have 675 chairs in ending inventory. There is no beginning inventory of office chairs. Required: Prepare a cost of goods sold budget for Andrews Company. Andrews Company Cost of Goods Sold Budget For the Coming Year 675 chairs in ending inventory. There is no Required: Prepare a cost of goods sold budget for And Andrers Company Cast of Goods Sold Budget Feet the coming Year S goods sold materials Ending inventory Total manufacturing cost Required Prepare a cost of goods sold budget for A Andrews Company Cost of Goods Sold Budget For the conting Year Beginning inventory Cost of goods sold Direct labor Sales Required: Prepare a cost of goods sold budget for An Andrews Company Cost of Goods Sold Budget For the Coming Year Cost of goods available for sale Ending inventory Sales Variable overhead 675 chairs in ending inventory. There is no beg Required: Prepare a cost of goods sold budget for Andrew Andrews Company Cost of Goods Sold Budget For the Coming Yea Beginning inventory Ending inventory Fixed overhead Total manufacturing cost 675 chairs in ending inventory. There is no be Required: Prepare a cost of goods sold budget for Andrey company Cost of Goods Sold Budget LEA 23 Cost of goods sold Det materials Total manufacturing cost He Wone overhead rate is $1.60 per direct labor hou 675 chairs in ending inventory. There is no Required: Prepare a cost of goods sold budget for And Andreas Company Cost of Goods Sold Budget For the Coming Year Less: Direct labor Less: Direct materials Less: Ending inventory Less: Vanable overhead overhead rate is $1.60 per direct labor hour. An 675 chairs in ending inventory. There is no begi Required: Prepare a cost of goods sold budget for Andrews Andreas Company Cost of Goods Sold Budget For the Coming Year cost of goods sold Direct labor Ending inventory Fixed overhead Crack Were

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