This topic contains a solution. Click here to go to the answer

Author Question: First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, ... (Read 67 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
First Class, Inc., expects to sell 26,000 pool cues for $14 each. Direct materials costs are $2, direct manufacturing labor is $4, and manufacturing overhead is $0.89 per pool cue. The following inventory levels apply to 2019:

Beginning inventoryEnding inventory
Direct materials31,000 units31,000 units
Work-in-process inventory0 units0 units
Finished goods inventory1,800 units3,300 units

On the 2019 budgeted income statement, what amount will be reported for cost of goods sold?
◦ $189,475
◦ $179,140
◦ $168,805
◦ $201,877


Related Topics

Need homework help now?

Ask unlimited questions for free

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

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
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




cookcarl

  • Member
  • Posts: 539
Reply 2 on: Mar 6, 2021
:D TYSM


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library