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 34 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
Excellent

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Models for the electron orbitals and energy shells of carbon Models for the electron orbitals and energy shells of carbon
Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
Three Models for DNA Replication Three Models for DNA Replication
Nursing care delivery models Nursing care delivery models
Models of simple transposition and replicative 3′ transposition Models of simple transposition and replicative 3′ transposition
Climate models Climate models
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library