hello, how to calculate and what's the right answer? First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019:Beginning inventoryEnding inventoryDirect materials31,000 units31,000 unitsO unitsWork – in – process inventoryFinished goods inventoryO units1,800 units3,300 unitsOn the 2019 budgeted income statement, what amount will be reported for cost of goods sold?A. $189,475B. $201,877C. $168,805O D. $179,140

First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019: Ending inventory Beginning inventory 31,000 units O units Direct materials 31,000 units O units Work - in - process inventory Finished goods inventory 1,800 units 3,300 units On the 2019 budgeted income statement, what amount will be reported for cost of goods sold? O A. $189,475 O B. $201,877 O C. $168,805 O D. $179,140

First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019: Ending inventory Beginning inventory 31,000 units O units Direct materials 31,000 units O units Work - in - process inventory Finished goods inventory 1,800 units 3,300 units On the 2019 budgeted income statement, what amount will be reported for cost of goods sold? O A. $189,475 O B. $201,877 O C. $168,805 O D. $179,140

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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