Author Question: First Class, Inc., expects to sell 22,000 pool cues for $12 each. Direct materials costs are $3, ... (Read 39 times)

daltonest1984 · **on:** Mar 6, 2021

Question 1

Costs such as supervision, plant and equipment (production) depreciation, maintenance, supplies, and power. are included in the ________.
◦ capital expenditures budget
◦ distribution costs budget
◦ revenues budget
◦ manufacturing overhead budget

Question 2

First Class, Inc., expects to sell 22,000 pool cues for $12 each. Direct materials costs are $3, direct manufacturing labor is $4, and manufacturing overhead is $0.84 per pool cue. The following inventory levels apply to 2019:

Beginning inventory

Ending inventory

Direct materials

33,000 units

Work-in-process inventory

0 units

Finished goods inventory

1,400 units

2,500 units

On the 2019 budgeted income statement, what amount will be reported for sales?
◦ $277,200
◦ $264,000
◦ $396,000
◦ $409,200

fur · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

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 49% of students answer this correctly