Lemon, Inc. has prepared the following budgets for March. In March, budgeted production is 1,000 units, budgeted sales is 1,200 units, and raw materials inventory and unit costs will stay constant. What is budgeted cost of goods sold for March?
A) $40,734
B) $42,400
C) $48,880
D) $50,880

Question

Lemon, Inc. has prepared the following budgets for March. In March, budgeted production is 1,000 units, budgeted sales is 1,200 units, and raw materials inventory and unit costs will stay constant.  What is budgeted cost of goods sold for March?
A) $40,734 
B) $42,400 
C) $48,880 
D) $50,880

Quizplus · Accepted Answer

The Answer of Lemon, Inc. has prepared the following budgets for March. In March, budgeted production is 1,000 units, budgeted sales is 1,200 units, and raw materials inventory and unit costs will stay constant.  What is budgeted cost of goods sold for March?
A) $40,734 
B) $42,400 
C) $48,880 
D) $50,880