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Mitchell Inc. has gathered the following budgeting information for next year and has asked you to prepare their master budgetRequirement Using information from the sales budget and the following information, calculate the budgeted cost of goods sold

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Answer #1
Cost of goods sold budget
For the year ended December 31,2018
First Qtr. Second Qtr. Third Qtr. Fourth Qtr. Total
Budgeted sales (units) 270 180 240 240 930
Total manufacturing cost per unit 121 121 121 121 121
Cost of goods sold 32670 21780 29040 29040 112530
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