Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct ma $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2020: Beginning Inventory Ending Inventory 24,000 units Direct materials 24,000 units Work-in-Process Inventory 0 units 0 units Finished Goods Inventory 2,000 units 2,500 units What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overheac O $48,000; $96,000: $19.200 O $44,000; $88,000; $17.600 O $41.000; $82,000; $16,400 O $40,000; $80.000: $16,000
Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct ma $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2020: Beginning Inventory Ending Inventory 24,000 units Direct materials 24,000 units Work-in-Process Inventory 0 units 0 units Finished Goods Inventory 2,000 units 2,500 units What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overheac O $48,000; $96,000: $19.200 O $44,000; $88,000; $17.600 O $41.000; $82,000; $16,400 O $40,000; $80.000: $16,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct man
$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
2,500 units
What are the 2020 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead.
O $48,000; S96,000; $19.200
O $44,000; $88,000, $17.600
O $41.000, $82.000; $16,400
O $40,000, S80,000: $16,000
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