QuestionsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › QuestionsThis topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts September 26, 2020 at 9:12 am #586754 daisy598MemberTopics: 13Replies: 6☆What is the budgeted cost of goods sold given the following for next budget period (in $’000)? Sales 5,000; Fixed manufacturing costs 2,000; Variable manufacturing costs are 40% of sales revenue. Inventory levels are expected to remain constant.Answer: $4,000,000 September 26, 2020 at 2:30 pm #586779 John MoffatKeymasterTopics: 57Replies: 54538☆☆☆☆☆The variable manufacturing costs are 40% x $5,000,000 = $2,000,000 The fixed manufacturing costs are $2,000,000Therefore the total cost = 2,000,000 + 2,000,000 = $4,000,000AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In