First Class, Inc., expects to sell 27,000 pool cues for $13 each. Direct materials costs are $3, direct manufacturing labor is $6, and manufacturing overhead is $0.87 per pool cue. The following inventory levels apply to 2020: Direct materials Work-in-process inventory Finished goods inventory Beginning inventory 29,000 units 0 units 1,900 units Ending inventory 29,000 units 0 units 2,500 units What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively? A) $87,000; $174,000; $25,230 B) $86,700; $173,400; $25,143 C) $82,800; $165,600; $24,012 D) $81,000; $162,000; $23,490

First Class, Inc., expects to sell 27,000 pool cues for $13 each. Direct materials costs are $3, direct manufacturing labor is $6, and manufacturing overhead is $0.87 per pool cue. The following inventory levels apply to 2020: Direct materials Work-in-process inventory Finished goods inventory Beginning inventory 29,000 units 0 units 1,900 units Ending inventory 29,000 units 0 units 2,500 units What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively? A) $87,000; $174,000; $25,230 B) $86,700; $173,400; $25,143 C) $82,800; $165,600; $24,012 D) $81,000; $162,000; $23,490

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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