I need my cost of goods sold to match the COGS check figure of 11,065,750, but i

Question

I need my cost of goods sold to match the COGS check figure of 11,065,750, but i'm currently off by 14,250.

Sales Data Budgeted Sales Volume 2,000,000 6,000,000 6,000,000 2,000,000·16,000,000 00% 0.80 00% Quarterly Sales Volume Sensitivity Budgeted Sales Price 0.80$ 0.90 0.90 Overall Sales Price Sensitivity Direct Materials data Direct material required per block [in lbs)] 26.00 lbs./block Cost per lb. of direct material 0.01 Direct Material Price Sensitivity 0.00% Fuarter 5,000,000 Desiredending inventory lin lbs.)-2018 8,000,000 8,000,000 5,000,000 Ending inventory at December 31, 2017 (in lbs.) 5,000,000 Finished Goods Inventory Info Ouarter3 Duarter 4 Desired blocks in ending inventory 2018 500,000 500,000 100,000 100,000 Ending inventory at December 31, 2017 (in BLOCKS) 100,000 Direct Labor Direct labor hours per block 0.01500 DLHs per block DLH per block sensitivity 0.00% 14.50 0.00% Direct labor rate per hour DLH per hour sensitivity

Explanation / Answer

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Statement of production Budget Particular QTR1 QTR2 QTR3 QTR4 Sales Unit          2,000,000          6,000,000          6,000,000          2,000,000 Less: Opening stock              100,000              500,000              500,000              100,000 Add Closing stock              500,000              500,000              100,000              100,000 Production          2,400,000          6,000,000          5,600,000          2,000,000

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