Homework Help is Here – Start Your Trial Now!
Business
Accounting
Bradford, Inc., expects to sell 6,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 5,000 units 5,000 units O units Work - in - process inventory Finished goods inventory O units 400 units 600 units How many ceramic vases should be produced in 2019? O A. 11,000 vases O B. 6,000 vases OC. 6,200 vases O D. 5,800 vases

Bradford, Inc., expects to sell 6,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 5,000 units 5,000 units O units Work - in - process inventory Finished goods inventory O units 400 units 600 units How many ceramic vases should be produced in 2019? O A. 11,000 vases O B. 6,000 vases OC. 6,200 vases O D. 5,800 vases

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

could you tell me what's the answer with an explanation?

Bradford, Inc., expects to sell 6,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory. Direct materials 5,000 units 5,000 units Work - in - process inventory O units O units Finished goods inventory 400 units 600 units How many ceramic vases should be produced in 2019? O A. 11,000 vases O B. 6,000 vases O C. 6,200 vases O D. 5,800 vases
Transcribed Image Text:Bradford, Inc., expects to sell 6,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $10, and manufacturing overhead is $3 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory. Direct materials 5,000 units 5,000 units Work - in - process inventory O units O units Finished goods inventory 400 units 600 units How many ceramic vases should be produced in 2019? O A. 11,000 vases O B. 6,000 vases O C. 6,200 vases O D. 5,800 vases
Expert Solution
Step 1

Formula:

Number of units produced = Sales units + Finished goods Ending inventory - Finished goods Beginning inventory

Deduction of Finished goods Beginning inventory from Finished goods ending inventory and sales units derives the number of units produced.

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Personal Financial Statements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS