Hello tutor provide calculation with correct answer Bradford, Inc., expects to sell 9,000 ceramic vases for $21each. Direct materials costs are $3, direct manufacturinglabor is $12, and manufacturing overhead is $3 per vase.The following inventory levels apply to 2019:BeginningEndingInventoryInventoryDirect materials3,000 units3,000 unitsWork in process0 units0 unitsinventoryFinished goods300 units500 unitsinventoryWhat are the 2019 budgeted production costs for directmaterials, direct manufacturing labor, and manufacturingoverhead, respectively?a. $27,600; $110,400; $27,600.b. $27,000; $108,000; $27,000.c. $9,000; $36,000; $9,000.d. $9,000; $0; $10,500.

Step 1: Define Manufacturing OverheadThe manufacturing overhead is the collection of the indirect…

Answered: Bradford, Inc., expects to sell 9,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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First Class, Inc., expects to sell 22,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $6.00, and manufacturing overhead is $0.83 per pool cue. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 31,000 units 31,000 units Work - in- process inventory Finished goods inventory 0 units O units 1,000 units 3,300 units How many pool cues need to be produced in 2019? O A. 25,300 cues O B. 19,700 cues O C. 24,300 cues O D. 23,000 cues ga Mis https Hea In 201 10min 1 answ Missing Calculator Next https://ww
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Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2020: Beginning Inventory Ending Inventory Direct materials 24,000 units 24,000 units Work-in-Process Inventory 0 units O units Finished Goods Inventory 2,000 units 2,500units How many pool cues need to be produced in 2020? 22,500 cues 022,000 cues O20,500 cucs 19.500 cues
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What was the total cost of beginning inventory?
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