Homework Answers
Answer: Option D
Explanation :
Budgeted cost of goods manufactured is the sum of goods that are to be consumed in the manufacturing, direct labour cost and other overheads related to costs of goods manufactured.
Materials to be consumed = 63,300
Direct labour costs =2,02,000
Factory overhaed =3,93,000
...................
Total 6,59,200
Note: here we should not calculate the cost of goods sold by using the formula because in the question it was already given that cost of materials to be used in the production is 63, 000.
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