Production and sales estimates for april are as follows: estimated inventory (units), april 1 9,000 desired inventory (units), april 30 8,000 expected sales volume (units): area a 3,500 area b 4,750 area c 4,250 unit sales price $20 the budgeted total sales for april
a. $200,000
b. $230,000
c. $270,000
d. $250,000

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.