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Expected unit sales 5,000 Price per unit $20 Variable product costs per unit: Materials $3.25 Labor...

Expected unit sales 5,000
Price per unit $20
Variable product costs per unit:
Materials $3.25
Labor $4.50
Variable overhead $2
Fixed product cost:
Manufacturing overhead $16,800
Period costs (totals):
Research & development $3,000
Marketing 7,000
Administration 10,000

Additional information: no beginning work in process or raw materials inventories. The allocation base for manufacturing overhead is estimated production volume. Beginning finished goods inventory totaled 400 units at a cost of $12.75 per unit. Management wants ending finished goods inventory to be 1,000 units, and an ending raw materials inventory of $1,200.

What would the budgeted cost of goods sold be?

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