Fredericksen Corporation makes one product and has provided…
Fredericksen Corporation makes one product and has provided the following information:Budgeted sales, February 8,700 unitsRaw materials requirement per unit of output 6 poundsRaw materials cost $ 2.00 per poundDirect labor requirement per unit of output 2.9 direct labor-hoursDirect labor wage rate $ 21.00 per direct labor-hourPredetermined overhead rate (all variable) $ 10.00 per direct labor-hourVariable selling and administrative expense $ 1.10 per unit soldFixed selling and administrative expense $ 80,000 per monthThe estimated cost of goods sold for February is closest to: