No grade (practice only): Ceder Company has compiled the following data for the upcoming year: Sales are expected to be 12,000 units at $45.00 each.

No grade (practice only): Ceder Company has compiled the following data for the upcoming year:

• Sales are expected to be 12,000 units at $45.00 each.
• Each unit requires 3 pounds of direct materials at $2.10 per pound.
• Each unit requires 1.6 hours of direct labor at $12.00 per hour.
• Manufacturing overhead is $3.10 per unit.
• Beginning raw materials inventory is $3,600.00.
• Ending raw materials inventory is $4,250.00.
• Selling and administrative costs totaled $136,020.

Required:

1. (Do not round the intermediate values.)

Budgeted Cost of goods sold =

2.(Do not round the intermediate values.)