Good Night manufactures comforters.The estimated inventories on January 1 for finished goods,work in process,and materials were $51,000,$28,000,and $33,000,respectively.The desired inventories on December 31 for finished goods,work in process,and materials were $48,000,$35,000,and $29,000,respectively.Direct material purchases were $555,000.Direct labor was $252,000 for the year.Factory overhead was $176,000.Prepare a cost of goods sold budget for Good Night,Inc.

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The Answer of Good Night manufactures comforters.The estimated inventories on January 1 for finished goods,work in process,and materials were $51,000,$28,000,and $33,000,respectively.The desired inventories on December 31 for finished goods,work in process,and materials were $48,000,$35,000,and $29,000,respectively.Direct material purchases were $555,000.Direct labor was $252,000 for the year.Factory overhead was $176,000.Prepare a cost of goods sold budget for Good Night,Inc.

Good Night Manufactures Comforters