Jason Company determined that the budgeted cost of producing a product is $1.20

Question

Jason Company determined that the budgeted cost of producing a product is $1.20 per unit. On June 1, there were 11,000 units on hand. The sales department budgeted sales of 320,000 units in June. The company desires to have 8,000 units on hand on June 30. How much is the budgeted cost of goods manufactured for June? Question 3 options: $380,400 $323,000 $387,600 $317,000 Jason Company determined that the budgeted cost of producing a product is $1.20 per unit. On June 1, there were 11,000 units on hand. The sales department budgeted sales of 320,000 units in June. The company desires to have 8,000 units on hand on June 30. How much is the budgeted cost of goods manufactured for June? Jason Company determined that the budgeted cost of producing a product is $1.20 per unit. On June 1, there were 11,000 units on hand. The sales department budgeted sales of 320,000 units in June. The company desires to have 8,000 units on hand on June 30. How much is the budgeted cost of goods manufactured for June? $380,400 $323,000 $387,600 $317,000 $380,400 $323,000 $387,600 $317,000 $380,400 $323,000 $387,600 $317,000

Explanation / Answer

Hi,

Please find the answer as follows:

Budgeted cost of goods manufactured = (320000 + 8000 - 11000)*1.2 = 380400

Answer is 380400

Thanks.

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