First Class, Inc., expects to sell 28,000 pool cues for $14 each. Direct materials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.82 per pool cue. The following Inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 26,000 units 26,000 units Work-in-process inventory O units O units Finished goods Inventory 1,300 units 2,800 units How many pool cues need to be produced in 20197

First Class, Inc., expects to sell 28,000 pool cues for $14 each. Direct materials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.82 per pool cue. The following Inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 26,000 units 26,000 units Work-in-process inventory O units O units Finished goods Inventory 1,300 units 2,800 units How many pool cues need to be produced in 20197

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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Question

First Class, Inc., expects to sell 28,000 pool cues for $14 each. Direct materials costs are $3, direct
manufacturing labor is $5, and manufacturing overhead is $0.82 per pool cue. The following
inventory levels apply to 2019:
Beginning inventory
Ending inventory
Direct materials
26,000 units
26,000 units
Work-in-process inventory
O units
O units
Finished goods inventory
1,300 units
2.800 units
How many pool cues need to be produced in 20197?

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