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Business, 23.04.2021 15:40 siicklmods4295

Andrews Company manufactures a line of office chairs. Each chair takes $12 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 $1.30 per direct labor hour. Andrews Company expects to produce 20,000 chairs next year and expects to have 610 chairs in ending inventory. There is no beginning inventory of chairs. Prepare a cost of goods sold budget for Andrews Company.

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