This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to ... (Read 66 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Mar 6, 2021
Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,500 units of Prime and 1,500 units of Luxuria in 2019.The following estimates are given for 2019:
 
PrimeLuxuria
Selling price$200$500
Direct materials70100
Direct labor60180
Manufacturing overhead90150

Nantucket had an inventory of 200 units of Prime and 105 units of Luxuria at the end of 2018. It has decided that as a measure to counter stock outages it will maintain ending inventory of 400 units of Prime and 230 units of Luxuria.

Each Luxuria watch requires one unit of Crimpson and has to be imported at a cost of $12. There were 120 units of Crimpson in stock at the end of 2018. The management does not want to have any stock of Crimpson at the end of 2019.

What is the total budgeted cost of goods sold for Nantucket Industries in 2019?
◦ $1,325,000
◦ $1,415,000
◦ $1,433,000
◦ $1,625,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mollykgkg on Mar 6, 2021

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 60% of students answer this correctly


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Two models for dominance of a mutation Two models for dominance of a mutation
Three Models for DNA Replication Three Models for DNA Replication
In 1993 Clinton succeeded in brokering a deal between Israeli prime minister Yitzhak Rabin (left) ... In 1993 Clinton succeeded in brokering a deal between Israeli prime minister Yitzhak Rabin (left) ...
How to set up and solve linear models (Question 1) How to set up and solve linear models (Question 1)
Two models for enzyme–substrate interaction Two models for enzyme–substrate interaction
Models of simple transposition and replicative 3′ transposition Models of simple transposition and replicative 3′ transposition
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library